8877 Onsted HwyOnsted, MI 49265

Property Details for 8877 Onsted Hwy

Year built

1988

Lot size

1.11 AC

Property size (Sq ft)

1,923 SF

Zone code

CI

Property type

Commercial real estate

APN

CA8-127-1150-00

APU

CA8127115000

Description

This exceptional commercial property in Onsted, MI, presents a unique investment opportunity. Located at 8877 Onsted, this 1,923 square foot building sits on a 1.1-acre lot in a high-traffic area, adjacent to a Dollar General. Established in 1988, the property benefits from significant multigenerational foot traffic, ensuring a strong customer base. Ample parking is available, and the property offers considerable room for expansion, catering to a variety of business needs. The building underwent a complete update and remodel in 2019, resulting in a clean, well-maintained, and attractive space. Currently configured to accommodate two businesses, one side features a long-term tenant with a thriving business, further enhancing foot traffic. This tenant will remain, providing immediate income potential for the new owner. The other side of the building, currently housing the Ad Lib Coffee Business, is also available for sale, offering a turnkey operation or the opportunity to establish a new venture. The property's prime location, existing infrastructure, and expansion potential make it an ideal investment for entrepreneurs seeking a well-established and thriving business environment. The asking price for this exceptional property is $279,000.

• Alternative Use

  Use

  Valuation

  Residential

  $376,801

  Hospitality

  $345,148

  Educational

  $287,159

  Medical

  $297,035

  Retail

  $446,692

Location Insight

City

Onsted

County

Lenawee

State

Michigan

Latitude

42.0132

Longitude

-84.1891

CBSA code

10300

CBSA name

ADRIAN, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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