35 Wells Street Croswell, MI $ 254,900
35 Wells Street
$ 254,900
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35 Wells Street

Croswell, MI, 48422
$ 254,900
Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

$ 1,761

35 Wells Street, Croswell, MI 48422 - Image 1
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35 Wells Street, Croswell, MI 48422 - Image 12

Commercial Property for sale in Croswell, MI

for $254,900. This 4,000 square foot building was built on a lot size of 0.37.

High-Yield Single-Tenant Investment Opportunity This 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.

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Commercial Active

Price

$ 254,900

Property Type

Commercial

Taxes

$ 1,609

Style

Commercial/Industrial

Lot Size

0.37

Town/City

Croswell

County/Region

Sanilac

MLS | Web ID

60950828

Features
General
Possession At Close
Water Public Water
Status Active Active
Subdivision Moss Mills & Gaiges Add MI
County Sanilac
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Croswell
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Area Croswell (76031)
Primary City Croswell
Directions E of Howard N off Wells St
City Croswell
Financial Terms Cash Conventional
Legal Description LOT 32 & E 30 FT OF LOT 33 BLK 2 MOSS MILLS & GAIGES ADDN ALSO COM AT NE COR OF LOT 32 TH N 33 FT W 96 FT S 33 FT E 96 FT TO POB
DOM 338
Postal Code 48422
Price Per Sq Ft Total AG 63.73
Public Remarks High-Yield Single-Tenant Investment Opportunity This is a single-tenant commercial investment property offered for sale. The approximately 4
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Exterior
Exterior Brick
Frontage 98
Lot Size Area 0.37
Lot Dimensions 98x180
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Maurice Khalifa

Listing Agent

Realty Executives Home Towne

Broker

maurice@showcaseonerealestate.com

Email

Affordability Calculator

$1,895
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,761
Monthly Property Taxes
$134
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2026$199,900 -13.05% Price Down
2/24/2026$229,900 -8.00% Price Down
11/5/2025$249,900 Listed Price

Map


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35 Wells Street, Croswell, MI, 48422 is a Commercial Property for sale at $254,900 with 4,000 sqft and a lot size of 0.37. The property's zip code is 48422 which is in Croswell, MI