Listed by NextHome Statewide Real Estate
$3,750,000
1285 S MICHIGAN Avenue
Details
APN 1001100013
Property Type Land
Sub Type Commercial
Square Footage 1,000
NOI $232,000
Year Built 1949
Acreage 0.300
Land | 0.3 acres
Marketing description
Strategically positioned along Michigan Avenue in close proximity to the I-96 interchange, this single-story commercial property offers a unique opportunity within an actively evolving corridor. The building is currently configured for office or service use and includes a reception area, conference space, private offices, and a full basement for additional utility.
The site features limited front parking with handicap accessibility and supports low-intensity use in its current form.
Its location places it very near the proposed fourth leg of Exit 137 along I-96, providing access to planned developments and the proposed loop road system. As infrastructure planning and corridor improvements advance, properties with frontage along this segment of Michigan Avenue may present advantages related to access configuration, right-of-way alignment, and setback considerations.
This offering may be particularly relevant for users, investors, or parties evaluating access, circulation, or redevelopment opportunities tied to ongoing corridor activity.
Always happy to discuss the development when called.
Listing Contacts
Listed by NextHome Statewide Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$232,000.00
$19,333.33/mo
Valuation Metrics
0
DSCR
6.19%
Cap Rate
6.19%
ROI
Map
Zoning
HS CommercialSpecial CommercialHighway Service District
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View all 30 uses Last updated May 7, 2026 For deeper zoning details, reports are available at Zoneomics
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