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35 Wells Street, Croswell, Mi 48422

$254,900
  • 35 Wells Street, Croswell, Mi 48422 Main Photo

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Active
SQUARE FEET4,000 MLS#20251051546
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONM O S S M I L L S G A I G E S A D D SCHOOLCroswellLexington

Property Description

High-Yield Single-Tenant Investment OpportunityThis is a single-tenant commercial investment property offered for sale. The approximately 4,000-square-foot building is secured by a new three-year lease generating $3,000 per month in gross rental income.The lease provides an attractive, low-management expense structure. The landlord is responsible only for property taxes and building insurance, while the tenant pays all utilities and handles lawn maintenance and snow removal. Based on current reported expenses, the property generates an estimated net operating income of $30,637 and an estimated 12.01% capitalization rate.The solid block building offers a flexible commercial layout suitable for retail, office, light industrial, processing, storage, workshop, showroom, or warehouse uses. Existing improvements include three built-out rooms, an approximately 40-by-35-foot open area, three 200-amp electrical panels, two five-ton mini-split HVAC units, and one standard five-ton air-conditioning unit. Existing equipment is included in the sale.This offering provides investors with immediate cash flow, a strong going-in return, limited landlord operating responsibilities, and a versatile commercial asset with future reuse potential.

35 Wells Street | MLS# 20251051546

This commercial property located at 35 Wells Street, Croswell, Mi 48422 is currently listed for sale with an asking price of $254,900. Wells Street is located within the CroswellLexington school district. Search Croswell real estate on noake.griffithrealty.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.37 Acres
Taxes: $1,609

Feature Descriptions

Days on Site: 306
Exterior: Block, Brick, Metal Siding
Lot Dimensions: 98x180
Parcel#: 31031000203200
Sewer: Public Sewer
Summer Tax: 792
Water: Public
Winter Tax: 817

Local Schools

School District: CroswellLexington

Listed By / Shown By

Listed By

Agency Name: Realty Executives Home Towne
Agency Phone: 5867264600

Shown By

Agent Name: Nathan Oake
Agent Phone: (734) 845-0680
Agency Title: Griffith Realty

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/07/2026. The listing information on this page last changed on 09/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 09/07/2026 5:36:13 AM EST) or RealComp MLS (last updated Mon 09/07/2026 12:45:36 AM EST). Real estate listings held by brokerage firms other than Griffith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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