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124 S Brooklyn Rd 1,982 SF 100% Leased Retail Building Napoleon, MI 49261 $375,000 ($189.20/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
This exceptional mixed-use property is offered for sale at $540,000, inclusive of the business value currently operating as Sylvia’s Catering. The main floor boasts 1,052 square feet of commercial space fully outfitted with a complete commercial kitchen, delivering immediate operational capability for catering, bakery, restaurant, or similar ventures. All high-quality kitchen equipment conveys, along with comprehensive infrastructure enhancements that underscore reliability and efficiency.
Upstairs, a 912 square-foot apartment secured with a long-term tenant paying $1,400 per month provides steady supplemental income. The property occupies a generous lot with oversized parking and bold monument signage, ensuring high visibility in a dynamic market environment. Recent capital improvements offer peace of mind, including a newer roof, upgraded electrical system, new AC, two tankless water heaters, and advanced kitchen system upgrades. With a combination of real estate value and established business potential, this is a rare turnkey investment opportunity fostering immediate revenue and long-term financial upside.
Upstairs, a 912 square-foot apartment secured with a long-term tenant paying $1,400 per month provides steady supplemental income. The property occupies a generous lot with oversized parking and bold monument signage, ensuring high visibility in a dynamic market environment. Recent capital improvements offer peace of mind, including a newer roof, upgraded electrical system, new AC, two tankless water heaters, and advanced kitchen system upgrades. With a combination of real estate value and established business potential, this is a rare turnkey investment opportunity fostering immediate revenue and long-term financial upside.
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
$375,000
Price Per SF
$189.20
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 | $47,800 |
| Land Assessment | $12,200 | Total Assessment | $60,000 |
Property Taxes
Parcel Number
000-14-36-477-018-00
Land Assessment
$12,200
Improvements Assessment
$47,800
Total Assessment
$60,000
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124 S Brooklyn Rd
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