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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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48 South St , Ortonville, MI 48462
$450,000
Est. Payment: $1,000.00/mo
0 Bed
0 Bath
6380 Sqft
Status: Active | Days on site: 129
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House Description

Positioned in the heart of the Village of Ortonville, this established commercial investment opportunity offers over 6,000 square feet of versatile space with strong existing occupancy and long term potential. Located at 48 South St., the building is currently configured into six separate suites with a variety of square footage options that support a mix of retail and office style uses. The property is fully occupied today, creating immediate income potential, while still offering flexibility within the building for future adjustments or evolving business needs. The layout features a shared interior hallway connecting the suites along with two public bathrooms that service the building. The configuration creates a professional and functional environment for a variety of commercial uses while maintaining convenience for both occupants and visitors. Street side parking is available directly in front of the building, with additional designated parking spaces located within the interior lot area. Situated within the Village of Ortonville, the property benefits from a well known downtown setting with local traffic, nearby businesses, and convenient access to surrounding communities throughout northern Oakland County. Whether you are looking to expand your investment portfolio, secure a mixed use commercial asset, or explore future repositioning opportunities, this property presents a rare combination of current occupancy, location, and flexibility. The building has been maintained as a multi suite commercial property and offers a layout that can continue serving a range of business types for years to come. Investment opportunities in downtown Ortonville with existing tenant occupancy and adaptable suite arrangements are limited, making this a unique opportunity to enter or expand within the local commercial market. Tours are available by appointment only. We would love to start the conversation and discuss the possibilities this property has to offer.

Highlights

Listed by Barbara Schaefer , 248-343-0231 Berkshire Hathaway HomeServices Michigan Real Est , 248-625-5700.

Property Type

Commercial Sale

Lot/Acreage
0.25

Year Built

1994

County

Oakland

Neighborhood

Ortonville Vlg

School District

Brandon

Listing ID

20261031919

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Well

Exterior Features

Principal Interest
$1,000
Taxes
$631

Home Price

$450,000

Loan Details

30 yrs
%

Down Payment

20%
$90,000
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Monthly Price:
$1,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,000.00 $631.42 $0.00 $1,631.42
Yearly $12,000.00 $7,577.00 $0.00 $19,577.00
Total $360,000.00 $227,310.00 $0.00 $587,310.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Ortonville, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.