1150 Michigan AveMarshall, MI 49068

Property Details for 1150 Michigan Ave

Year built

1996

Lot size

1.31 AC

Property size (Sq ft)

6,905 SF

Zone code

B4-GEN (IAA)

Property type

Outlet malls

APN

53-004-911-01

APU

5300491101

Description

This exceptional retail property at 1150 W. Michigan Ave in Marshall, MI, 49068 presents a prime leasing opportunity. The 7,048 square foot building features a street-facing location with expansive storefront windows, ensuring high visibility and accessibility for optimal foot traffic. Currently, 3,435 square feet of space is available for lease, perfect for a variety of retail or commercial uses. The flexible layout allows for efficient floor planning and customizable interiors to suit individual business needs. The property boasts 52 parking spaces, providing ample convenience for customers and employees. Situated on a sizable 63,248 square foot lot, this property offers a prominent presence in a thriving area. Modern amenities and a professionally maintained exterior create a welcoming and dynamic environment. The building's strategic location ensures high brand exposure and attracts a steady stream of potential customers. This is an ideal space for businesses seeking a prominent and adaptable location to connect with their target audience. The property is a multi-tenant building, offering a vibrant and collaborative atmosphere. Don't miss this chance to secure a high-impact retail space in a desirable Michigan location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,909,088

  6.5%

  $1,762,235

  7%

  $1,636,361

• Comparable approach

  Method

  Valuation

  Relative Method

  $342,618

  Geo Method

  $342,618

• Alternative Use

  Use

  Valuation

  Residential

  $1,486,511

  Hospitality

  $1,361,636

  Educational

  $1,132,865

  Medical

  $1,171,826

  Retail

  $1,762,235

Location Insight

City

Marshall

County

Calhoun

State

Michigan

Latitude

42.2725

Longitude

-84.9804

CBSA code

12980

CBSA name

BATTLE CREEK, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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