Prime commercial building for sale in Lake Orion, MI! Seize this exceptional investment opportunity with a 3,000 sq. ft. multi-tenant commercial building, perfectly positioned north of I-75 on Baldwin Road. This property offers high visibility with a daily traffic count exceeding 20,000 vehicles, ensuring excellent exposure for businesses. This 3,000… Read More sq. ft. multi-tenant building has flexible space for multiple businesses. Expansive 1.16 acre lot with ample space for parking, expansion, or redevelopment. The current tenants in place for 2/3 units are occupied by established businesses on month-to-month leases, providing immediate rental income. Building A includes 2 suites which make up 2,000 sq. ft. (currently occupied). Building B includes 1 suite with 1,000 sq. ft. Redevelopment potential is ideal for investors or business owners seeking expansion which can include health and fitness club, bar or lounge, restaurant, retail store, dry cleaning service, personal service business, auto parts store, or a business school. Prime location off I-75 for easy accessibility and a high traffic area - over 20,000 daily vehicles for maximum visibility. Zoning: Restricted Business - Suitable for a variety of professional and commercial uses. Current building can be used for businesses such as printing, shipping, or copying store, appliance repair and service, pet grooming or pet daycare, real estate office or travel agency, medical office or professional office, or veterinary clinic. Don't miss out on this prime commercial property in a growing business corridor. Don't miss this incredible opportunity, schedule a private tour today! Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Oak and Stone Real Estate.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Commercial
Square Ft.
3,000
Lot Size
1.16 Acres
Year Built
1960
MLS Number
20250019053
30 Days Snapshot Of 48359
$297k
-26%
(avg) sold price
9
+80%
homes sold
80
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 1960, 3,000 total square feet, 3,000 main square feet, Unit count: 0, Vinyl
Water Features
Well (Existing), Water at Street
Lot
Lot size area: 1.16, Lot size dimensions: 170 X 280 X 170 X 280
Miscellaneous
Gross scheduled income: $31,800, Net operating income: $25,800, Operating expense: $6,000, Real Estate Only
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