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8321 Mill St
Vanderbilt, MI 49795

$770,411 USD

Freestanding For Sale  •  8,320 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 8,320 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 2017
  • Cap Rate 9.50 %
  • Tenancy Single
  • Zoning CM
20 Walk Score

Highlights

Strategic Location & Recreational Draw: – Located directly off Interstate 75, the primary north-south corridor connecting Northern Michigan
Positioned in the heart of Northern Michigan’s outdoor recreation region, with close proximity to numerous lakes, trails, campgrounds
Benefits from steady traffic generated by hunting, fishing, boating, snowmobiling, and ORV activities, making the property a convenient retail stop
Strong Accessibility & Community Presence: – Situated along Mill Street with immediate access to I-75
Vanderbilt’s affordable housing, growing recreational appeal, and strong community identity continue to support demand for necessity-based retail
Functions as a key retail destination within a limited-service market, providing essential goods to local residents, seasonal visitors, and travelers
Cap Rate: 9.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Family Dollar

Amenities

  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Ryan Bruins 657-300-6631 Matthews Real Estate Investment Services
Ryan Bruins 657-300-6631 Matthews Real Estate Investment Services