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Investment Highlights
- 0.25 Acres
- Corner Lot
- 2 buildings
- Highly Walkable
- Fully Fenced
- Zoned Mixed Use
Executive Summary
100% Leased with room to add additional tenants. The property includes two (2) buildings totalling approximately 880 SF. It is Zoned MU-1, offering versatile potential for retail or other commercial uses. With a prime location, this property is positioned for a savvy investor seeking a strategic addition to their portfolio.
Positioned at the intersection of E Michigan St and S Shine Ave, the location offers a prime investment opportunity, where the SoDo and Hourglass districts meet. With its corner location, this is a focal point for retail and commercial activity, drawing in a steady flow of foot traffic and providing high visibility for businesses seeking to establish a prominent presence in a dynamic market.
Positioned at the intersection of E Michigan St and S Shine Ave, the location offers a prime investment opportunity, where the SoDo and Hourglass districts meet. With its corner location, this is a focal point for retail and commercial activity, drawing in a steady flow of foot traffic and providing high visibility for businesses seeking to establish a prominent presence in a dynamic market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
880 SF
Building Class
C
Year Built
1999
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.25 AC
Zoning
MU-1 - Mixed Use - 1
Parking
7 Spaces (7.95 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Courtyard
- Fenced Lot
- Signage
- Kiosk/Cart Space
- Wheelchair Accessible
- Storage Space
- Monument Signage
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-2329-3834-00-130 | Improvements Assessment | $59,950 |
| Land Assessment | $195,641 | Total Assessment | $255,591 |
Property Taxes
Parcel Number
01-2329-3834-00-130
Land Assessment
$195,641
Improvements Assessment
$59,950
Total Assessment
$255,591
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1480 E Michigan St
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