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Former Rite Aid (For Sale or Lease) 337 N State St

10,004 SF Retail Building Otisville, MI 48463 £938,940 (£94/SF)

Executive Summary

Available for Sale or Lease
Sale Price: $1,200,000
Lease Rate: $12.00/SF Plus NNN
10,220 +/- Sq. Ft. | 3.71 Acres | Over 80 Parking Spaces
Below Replacement Cost at $140 PSF
Signalized Corner | Main Road Monument Sign
Fully Equipped with Shelving, Displays, Counters, Cabinets, and Coolers.
2 Roof-Top HVAC Units
3 Points of Ingress & Egress | N State Road & Beecher Street | 250 +/- Ft. Frontage on N State Street
Built 1994 | 2020 Renovation & New Roof with 25-Year Transferable Warranty
$81k+ Avg. HHI in 5-Mile Radius

Attachments

Former Rite Aid (Sale or Lease OM) - 337 N State Rd, Otisville, MI 48463

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,004 SF
Building Class
B
Year Built/Renovated
1994/2020
Price
£938,940
Price Per SF
£94
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
1.50 AC
Zoning
C
Parking
30 Spaces (3 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Drive Thru

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 10,004 SF
  • Retail
  • Outparcel
  • Now

Available for Sale or Lease 10,220 +/- Sq. Ft. | 3.71 Acres | Over 80 Parking Spaces Signalized Corner | Main Road Monument Sign Fully Equipped with Shelving, Displays, Counters, Cabinets, Coolers. 2 Roof-Top HVAC Units 3 Points of Ingress & Egress | N State Road & Beecher Street Built 1994 | 2020 Renovation & New Roof with 25-Year Transferable Warranty Frontage: 250 +/- Ft. on N State Street $81k+ Avg. HHI in 5-Mile Radius

Space Size Space Use Position Available
1st Floor 10,004 SF Retail Outparcel Now

1st Floor

Size
10,004 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 10,004 SF
Space Use Retail
Position Outparcel
Available Now

Available for Sale or Lease 10,220 +/- Sq. Ft. | 3.71 Acres | Over 80 Parking Spaces Signalized Corner | Main Road Monument Sign Fully Equipped with Shelving, Displays, Counters, Cabinets, Coolers. 2 Roof-Top HVAC Units 3 Points of Ingress & Egress | N State Road & Beecher Street Built 1994 | 2020 Renovation & New Roof with 25-Year Transferable Warranty Frontage: 250 +/- Ft. on N State Street $81k+ Avg. HHI in 5-Mile Radius

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PROPERTY TAXES

Parcel Numbers
Multiple
  • 09-21-576-036
  • 09-21-576-024
  • 09-21-400-015
 Improvements Assessment £0
Land Assessment £0 Total Assessment £511,036

PROPERTY TAXES

Parcel Numbers
Multiple
  • 09-21-576-036
  • 09-21-576-024
  • 09-21-400-015
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£511,036
(248) 226-1610

Contacts

  • Listing ID: 34007257

  • Date on Market: 26/11/2024

  • Last Updated:

  • Address: 337 N State St, Otisville, MI 48463

The Retail Property at 337 N State St, Otisville, MI 48463 is currently available for sale. Contact Jonna Group for more information.

Nearby Listings

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337 N State St, Otisville, MI for sale Building Photo- Image 1 of 5
Rite Aid Otisville, MI (3) Edited
337 N State St, Otisville, MI for sale Building Photo- Image 2 of 5
Rite Aid Otisville, MI (1) Edited
337 N State St, Otisville, MI for sale Building Photo- Image 3 of 5
Rite Aid Otisville, MI (2) Edited
337 N State St, Otisville, MI for sale Plat Map- Image 4 of 5
Plat Map

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© 2024 CoStar Group

Former Rite Aid (For Sale or Lease) | 337 N State St
(248) 226-1610 x

Former Rite Aid (For Sale or Lease) | 337 N State St

1/3

Simon Jonna

(248) 226-1610

(248) 226-1610

Layth Barash

(248) 226-1612

(248) 226-1612

Shoghere Ourlian

(248) 540-1000

(248) 540-1000

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