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124 S Brooklyn Rd 1,982 SF 100% Leased Retail Building Napoleon, MI 49261 $399,900 ($201.77/SF)
Investment Highlights
- Fully equipped commercial kitchen with included appliances and infrastructure.
- Extensive property updates such as new AC, electrical upgrades, and two tankless water heaters.
- Situated on a 0.63-acre parcel close to established businesses, transportation routes, and local amenities.
- Second-floor apartment provides immediate rental income from a long-term tenant.
- Spacious parking area and monument signage enhance accessibility and exposure.
Executive Summary
Exceptional commercial investment opportunity with incredible income and business potential! This versatile mixed-use property features 1,052 square feet of main floor commercial space complete with a fully equipped commercial kitchen, making it ideal for catering, restaurant, bakery, food prep, or other service-based operations. All commercial kitchen equipment is included, along with valuable infrastructure upgrades already in place. The upper 912 square foot apartment provides immediate supplemental income with a long-term tenant currently paying $1,400 per month. Positioned on a large lot with oversized parking and monument signage, the property offers outstanding visibility and accessibility. Extensive improvements include a newer roof, fresh exterior paint, updated electrical, new AC, 2 tankless water heaters, and major kitchen system upgrades. A rare turnkey opportunity packed with flexibility, functionality, and future upside! The Pirate on the sign and the business vans are excluded.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,982 SF
Building Class
B
Year Built/Renovated
1960/2023
Price
$399,900
Price Per SF
$201.77
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.20
Lot Size
0.23 AC
Zoning
LC
Parking
15 Spaces (7.57 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Drive Thru
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 000-14-36-477-018-00 | Improvements Assessment | $39,200 |
| Land Assessment | $14,800 | Total Assessment | $54,000 |
Property Taxes
Parcel Number
000-14-36-477-018-00
Land Assessment
$14,800
Improvements Assessment
$39,200
Total Assessment
$54,000
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