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Burton Plaza 3147 S Dort Hwy 8,840 SF 100% Leased Retail Building Burton, MI 48529 $408,162 CAD ($46.17 CAD/SF) 12% Cap Rate
Executive Summary
Burton four-unit retail plaza featuring ample lot space, generous parking, and strong visibility on a busy roadway. Property includes updated electrical and plumbing, plus a loading dock serving one of the units. Conveniently located near I-69. Sale includes an additional vacant rear lot for future expansion or development.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
8,840 SF
Building Class
C
Year Built
1975
Price
$408,162 CAD
Price Per SF
$46.17 CAD
Cap Rate
12%
NOI
$48,979 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.63 AC
Zoning
G-2 - Burton four-unit retail plaza featuring ample lot space, generous parking, and strong visibility on a busy roadway. Property includes updated electric
Parking
12 Spaces (1.36 Spaces per 1,000 SF Leased)
Frontage
172’ on S Dort Hwy
Amenities
- Pylon Sign
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 59-28-501-144 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $307,436 CAD |
Property Taxes
Parcel Number
59-28-501-144
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$307,436 CAD
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Burton Plaza | 3147 S Dort Hwy
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