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512 S. Mission Street Listing Details & Market Data

512 S. Mission Street, #1, Mount Pleasant, MI 48858

  • For Sale $1,500,000
  • Property Type Retail - Freestanding
  • Property Size 18,104 SF
  • Lot Size 0.5 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1960
  • Year Renovated 2022
  • Date Updated Nov 22, 2022
512 S. Mission Street
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Location

  • Walk Score ® Very Walkable (87)
  • Bike Score ® Bikeable (67)
Powered by Walk Score ®
  • City Mount Pleasant, MI
  • Neighborhood Greater Mount Pleasant
  • Zip Code 48858

Points of Interest

Speedway

0.24 miles

Marathon

0.42 miles

ChargePoint

0.55 miles

Meijer Gas Station

0.89 miles

Citgo

1.26 miles

Shell

1.75 miles

Marathon

1.95 miles

Marathon

6.09 miles

Shell

6.81 miles

Shell

6.87 miles

Lot 14

0.52 miles

Lot 8

0.55 miles

Lot 11

0.58 miles

Lot 28

0.73 miles

Lot 34

1.01 miles

Lot 39

1.12 miles

Lot 45

1.16 miles

Lot 47

1.19 miles

Lot 40

1.31 miles

Pol Veterinary Services

8.81 miles

Great Wall Buffet

0.38 miles

Jon's Country Burgers

0.42 miles

Pisanello's Pizza

0.54 miles

Robinson Dining

0.72 miles

McDonald's

0.81 miles

Papa John's

0.82 miles

Wendy's

0.82 miles

Ruby Tuesday

0.91 miles

Ponderosa Steakhouse

0.93 miles

Shin's Korean Restaurant

0.95 miles

Ric's Food Center

0.15 miles

GreenTree

0.50 miles

Sears

0.74 miles

Gordon Food Service

0.97 miles

Meijer

1.05 miles

JCPenney

1.51 miles

Target

1.59 miles

ALDI

1.82 miles

TJ Maxx

1.87 miles

Walmart Supercenter

1.89 miles

Contacts

broker

Mike Koenigbauer

Friedman Real Estate

(248) 324-2000

Highlights

  • 18,104 SF Retail property For Sale in Mt Pleasant
  • $1,500,000 purchase price on a Sale Leaseback at 7% Cap rate
  • 2 tenants producing an NOI of $107,000
  • Seller will sign a 7-year lease with a 7-year option with a 10% bump
  • Building has been completely renovated in 2022
  • Upstairs tenant has a 3-year lease with two 3-year options

Contact Listing Broker

broker

Mike Koenigbauer

Friedman Real Estate

(248) 324-2000

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