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7601-7651 23 Mile Rd
Utica, MI 48316
Retail Property For Sale
Investment Highlights
- Offered at $7,500,000, providing a rare purchase opportunity below replacement cost.
- Prime frontage along 23 Mile Road with strong access to M-53 and major arterials.
- Suitable for a variety of redevelopment uses: industrial, retail, storage, or mixed-use concepts.
- 103,403 SF building situated on approximately 10.25 acres with extensive site flexibility.
- Surrounded by prominent retailers including Walmart, Amazon, Starbucks, and McDonald’s.
Executive Summary
Strategically positioned along 23 Mile Road, one of the area’s busiest corridors, the property delivers strong regional connectivity with easy access to Van Dyke Avenue (M-53) and surrounding residential and commercial developments. The existing structure and expansive lot allow for multiple concept adaptations, including industrial, logistics, commercial retail, storage, or mixed-use projects, subject to municipal approvals.
Surrounded by national retailers such as Walmart, Amazon, and Starbucks, the location benefits from exceptional visibility and strong demographic fundamentals, including a 5-mile population exceeding 193,000 and average household incomes over $117,000. With robust consumer spending in the area, this property serves as a highly adaptable platform for next-generation development in a thriving economic landscape.
Property Facts
Amenities
- Pylon Sign
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
Property Taxes
| Parcel Number | 23-07-16-476-028 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,739,126 CAD |
Property Taxes
