725 West Grand River Avenue $1,050,000

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    725 West Grand River Avenue Williamston, MI 48895

    • 13,440 sq.ft.
    • Commercial Sale
    MLS# 30338465 | ACTIVE

    $1,050,000

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    Days On Market: 136 3 Views
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    Property Details

    This net lease retail center is located in the City of Williamston and includes a mix of both national and local retail tenants. The building was construction in 1997 and has great curb appeal. The center is ideally located on Grand River Ave, which provides the main link to Okemos and the Lansing area to the West. Inside the City limits, the property is benefited by a lower speed limit in the area giving motorists the opportunity to safely enter and exit as well as getting a good idea of the tenants in the plaza. A large street sign provides extra exposure to the passing traffic. Long term lease are in place and good upside exists in filling vacancy, which is current in progress. Tenant mix is well varied, providing consistent traffic flow that benefit all tenants. The area is well above average median income, providing an exception customer base for the tenants. An additional expansion parcel is also available adding an additional 1.51 acres. Perfect for a STNL building or additional

    • General Features
      • Gross Building Size 13440
      • Rental Space Available 13440
      • Property subtypes Strip Center
      • Sale terms Cash to Seller
      • Use types Net Leased Investment (NNN)
      • year built 1997
      • zoning C-3 COMMERCIAL
    • Building Features
      • Air conditioning types Package Unit
      • building name Williamston Retail Center
      • Building status Existing
      • Heat sources Central
      • Roof type Flat
      • total buildings 1
      • visibility Excellent
    • Property Features
      • land size max 1.48
      • land size min 1.48
      • land size unit ACRE
      • traffic count frontage amount 215
      • traffic count frontage unit FOOT

    Contact

    Matthew Wisniewski

    Commercial Advisor / Managing Broker

    RE/MAX Commercial Group

    Direct: 517-321-2800 x118

    Neighborhood

    48895 (Williamston) Demographics

    47Median Age
    135Population Density (per sq. mile)
    54%College Educated
    $78,750Estimated Median Income
    3,732Estimated Total Home Owners
    763Estimated Total Renters
    83% / 17%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    11,194Total Population

    Market Last 30 Days

    $271,500 Median Sales Price
    14 Homes Sold
    13 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,050,000
        10/5/2018 4:31:00 AM New in Database Source

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