Mayday Building

Retail-Commercial for Sale
Catylist Listing ID: 30664688
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 8,339 SF
Gross Building Area: 8,686 SF
Gross Land Area: 0.26 Acres
Sale Price: $1,800,000
Unit Price: $215.85 PSF
Ceiling: 12 ft.
Property Use Type: Investment
Building Name: Mayday Building
Usable Size (USF): 8,686 SF
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Average Occupancy Rate: 100
Last Updated: 7/2/2021

Overview / Comments

The Mayday building is a landmark on Main Street in downtown Brighton. Offering over 8,600 sf across 5 suites, this building has been meticulously cared for with a complete exterior renovation completed just a few years ago. Building is fully leased with a great mix of retail and professional services. It lends itself perfectly to a mix of boutique offerings or would make an ideal restaurant location. This property sits in the middle of Main Street and offers tremendous visibility.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Livingston
Submarket/Township: Howell/Brighton Area
Taxing Authority: City of Brighton
Tax ID/APN: 471830306055
Zoning: CBD
Retail Clientele: General, Family
Property Located Between: Grand River & First Street
Property Visibility: Excellent
Largest Nearby Street: Main Street
Feet of Frontage: 86
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,686 SF
Property Condition: Good
Year Built: 1988
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 7
Parking Type: Surface
Parking Description: Private parking at rear of building, adjacent city lot and street parking.
Heat Type: Natural Gas
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Lot Frontage: 86
Lot Depth: 101
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SEC. 30 T2N, R6E, SMITH & MC PHERSON ADD E 42 1/2 FT. OF LOT 92 AND W 44 FT. OF LOT 93 D.D.A. 408-420 W MAIN DBD

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,429 29,671 59,423
Median Age: 45.76 43.59 43.38
Households: 3,153 11,755 23,122

Contact

Photograph of Listing Agent

Trevor L Brooks

Laurex CPIX Member
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