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421 Joe Mann Blvd 2.2 Acres of Commercial Land Offered at $485,303 CAD in Midland, MI 48642
Investment Highlights
- Prime Retail/Restaurant location, with an income of $30,000 per year! It will pay for itself, with a down payment.
Executive Summary
Best location for a retail building or a restaurant in Midland. Between Eastman Ave., from the Midland Mall to Jefferson Ave. These are 2 of the busiest streets in Midland. The land is currently hosting a DECU ATM, paying $2,550/month, with a down payment, it will pay for itself. The utilities are already onsite, water, sewer, electric, gas and a retention basin, already onsite!
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$41,012
|
$18,641.59
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$41,012
|
$18,641.59
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $41,012 |
| Annual Per AC | $18,641.59 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $41,012 |
| Annual Per AC | $18,641.59 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $485,303 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.20 AC |
| Property Type | Land | ||
| Zoning | RC - Rural Commercial | ||
| Price | $485,303 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.20 AC |
| Zoning | RC - Rural Commercial |
1 Lot Available
Lot
| Price | $485,303 CAD | Lot Size | 2.20 AC |
| Price Per AC | $220,592.17 CAD |
| Price | $485,303 CAD |
| Price Per AC | $220,592.17 CAD |
| Lot Size | 2.20 AC |
Prime property on Joe Mann Blvd., 2.2 acres for sale with a DECU ATM on the property, with a lease in place, paying $2,550/month! Frontage 201.5', Depth 519.49'. Joe Mann Blvd., is the prime retail street in Midland, Eastman Ave. to Jefferson Ave.
Description
Midland Mall's main retail street - Joe Mann Blvd.
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Property Taxes
| Parcel Number | 11-33-40-180 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $470,176 CAD |
Property Taxes
Parcel Number
11-33-40-180
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$470,176 CAD
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421 Joe Mann Blvd
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