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499 N Axford St
Lake Orion, MI 48362
Retail Property For Sale

Investment Highlights
- Freestanding building suitable for industrial, retail, or office use.
- Visibility from M-24 ensures consistent traffic exposure.
- Positioned within a high-traffic trade area with strong national co-tenancy.
- Dual overhead doors provide convenient front and rear access.
- Includes floor drains for practical operational needs.
- Located near major arteries, including Indianwood Road and N Park Boulevard.
Executive Summary
This freestanding flex building offers an outstanding owner-occupancy or investment opportunity in Lake Orion, Michigan. The property is strategically positioned with frontage on Axford Street and visibility from M-24, a heavily traveled arterial providing regional connectivity. Versatile in its design, the building accommodates industrial, retail, or office users with an efficient 1,600-square-foot layout, including a 150-square-foot dedicated office space. Enhanced features include dual overhead doors at the front and rear, floor drains, and three surface parking spaces.
Located within a strong commercial corridor anchored by national retailers such as Kroger, Walgreens, ACE Hardware, and Buffalo Wild Wings, the site benefits from both residential demand and robust consumer spending in a 5-mile radius totaling over $903 million annually. With nearby employment hubs and proximity to Lake Orion’s growing population base, this property delivers long-term functionality and adaptability for a wide range of business applications. Offered at $450,000, it combines operational flexibility with a location that sustains visibility and access to key amenities.
Located within a strong commercial corridor anchored by national retailers such as Kroger, Walgreens, ACE Hardware, and Buffalo Wild Wings, the site benefits from both residential demand and robust consumer spending in a 5-mile radius totaling over $903 million annually. With nearby employment hubs and proximity to Lake Orion’s growing population base, this property delivers long-term functionality and adaptability for a wide range of business applications. Offered at $450,000, it combines operational flexibility with a location that sustains visibility and access to key amenities.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,600 SF
Building Class
C
Price
$450,000
Price Per SF
$281.25
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.14 AC
Zoning
GB - General Business
Parking
3 Spaces (1.88 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 09-02-177-015 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $71,470 |
Property Taxes
Parcel Number
09-02-177-015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$71,470
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