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$7,000,000
Est. payment /mo
6 Baths
56,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 56,000 sqft
Price per Sqft $125
MLS Listing ID 55025052623
Year Built 1970
Lot Size 5.050 Acres
Acres 5.05
Property Sub-Type BusinessandRealEstate
Property Description
Welcome to Bob's Market House, an impeccably maintained 59,000 square-foot retail plaza offering a strong tenant mix, excellent visibility, and exceptional long-term stability. Located in a thriving community with steady foot traffic and limited competition, this property represents a rare opportunity to acquire a proven income-producing asset with built-in growth potential.Anchoring the plaza is a well-established grocery store, the only full-service market within miles, ensuring consistent customer flow and strong tenant performance. The grocery store itself includes several complementary businesses under one roof, Biggby Coffee, Hungry Howie's Pizza, Ace Hardware, and a fully stocked pharmacy, making it a true one-stop destination for local residents and visitors alike.Surrounding tenants include reputable national and regional brands such as County National Bank and Athletico Physical Therapy, demonstrating the plaza's appeal to quality, long-term occupants.In addition, a 2,700 sq. ft. unit is currently available for lease, providing an opportunity for new tenants and added income potential.
This property has been thoughtfully updated and meticulously maintained, reflecting clear pride in ownership. The building underwent a major remodel in 2006, features a new roof installed in 2016, a convenient loading dock, and ample on-site parking with over 200 spaces to accommodate steady customer flow. The location benefits from excellent road frontage at one of the area's most visible intersections, ensuring consistent exposure and accessibility.
With its diverse tenant mix, stable income stream, and limited local competition, Bob's Market House offers investors the opportunity to acquire a strong-performing retail center in a growing market. Whether you're seeking reliable cash flow, long-term appreciation, or expansion potential, this property checks every box for the discerning investor.
This property has been thoughtfully updated and meticulously maintained, reflecting clear pride in ownership. The building underwent a major remodel in 2006, features a new roof installed in 2016, a convenient loading dock, and ample on-site parking with over 200 spaces to accommodate steady customer flow. The location benefits from excellent road frontage at one of the area's most visible intersections, ensuring consistent exposure and accessibility.
With its diverse tenant mix, stable income stream, and limited local competition, Bob's Market House offers investors the opportunity to acquire a strong-performing retail center in a growing market. Whether you're seeking reliable cash flow, long-term appreciation, or expansion potential, this property checks every box for the discerning investor.
Location
State MI
County Lenawee
Area Area13122Hudson
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Utilities Available ElectricityConnected
View Y/N No
Roof Type Rubber
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Hudson
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Brittany Ostrowski of ERA REARDON REALTY, L.L.C.
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