915 Clinton StStockbridge, MI 49285

Property Details for 915 Clinton St

Year built

2019

Lot size

0.38 AC

Property size (Sq ft)

248 SF

Property type

Turn key restaurants

APN

33-42-16-26-302-018

APU

33421626302018

Description

This exceptional 0.38-acre industrial property at 915 S CLINTON in Stockbridge, MI, presents a unique investment opportunity. Completely renovated in 2019, this building boasts a commercial kitchen, making it ideal for a variety of food-service businesses such as a cafe, sandwich shop, or coffee house. Its strategic location directly on the Mike Levine Lakeland Trail offers unparalleled access to cyclists and horseback riders, enhanced by a convenient drive-up window. Ample space for outdoor seating, picnic tables, or even a gazebo is available on the property. The building's proximity to Lakeland and Jackson, along with nearby parks and basketball courts, ensures high foot traffic and visibility. Inside, the possibilities are endless. The main floor is ready for immediate occupancy, while an unfinished upstairs space, plumbed for a full bathroom, offers potential for an office, workspace, or even a rental apartment (Airbnb potential). The property is handicap accessible and benefits from abundant public parking. This is a rare chance to own a piece of Stockbridge history and establish a thriving business in a highly desirable location. The asking price is $307,500.

• CAP approach

  CAP return

  Valuation

  6%

  $62,408

  6.5%

  $57,608

  7%

  $53,493

• Comparable approach

  Method

  Valuation

  Relative Method

  $58,459

  Geo Method

  $58,459

• Alternative Use

  Use

  Valuation

  Residential

  $48,594

  Hospitality

  $44,512

  Educational

  $37,033

  Medical

  $38,307

  Retail

  $57,608

Location Insight

City

Stockbridge

County

Ingham

State

Michigan

Latitude

42.4455

Longitude

-84.1788

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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