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7601-7651 23 Mile Rd
Utica, MI 48316
Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- 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.
Résumé de l'annonce
This former Kmart property presents a significant opportunity for buyers seeking a value-add or owner-user investment in the growing Shelby Township market. Priced well below replacement cost at $7.5 million, the site includes a 103,403 SF building on approximately 10.25 acres, offering substantial flexibility for redevelopment and long-term investment strategies.
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.
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.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Conditions de vente
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
103 403 pi²
Classe d’immeuble
C
Année de construction
1973
Prix
102 936 003 $ CAD
Prix par pi²
995,48 $ CAD
Pourcentage loué
Vacant
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,23
Taille du lot
10,11 AC
Zonage
C-3 - Commercial
Façade
Commodités
- Enseigne sur pylône
Impôts fonciers
| Numéro de lot | 23-07-16-476-028 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 2 282 023 $ CAD |
Impôts fonciers
Numéro de lot
23-07-16-476-028
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
2 282 023 $ CAD
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