48 South Street, Ortonville Village, MI 48462
ASSR'S PLAT NO 3 - VILLAGE OF ORTON · Oakland County
Key Facts
Description
Positioned in the heart of the Village of Ortonville, this established commercial investment opportunity offers over 6,000 square feet of versatile space with strong existing occupancy and long term potential. Located at 48 South St., the building is currently configured into six separate suites with a variety of square footage options that support a mix of retail and office style uses. The property is fully occupied today, creating immediate income potential, while still offering flexibility within the building for future adjustments or evolving business needs. The layout features a shared interior hallway connecting the suites along with two public bathrooms that service the building. The configuration creates a professional and functional environment for a variety of commercial uses while maintaining convenience for both occupants and visitors. Street side parking is available directly in front of the building, with additional designated parking spaces located within the interior lot area. Situated within the Village of Ortonville, the property benefits from a well known downtown setting with local traffic, nearby businesses, and convenient access to surrounding communities throughout northern Oakland County. Whether you are looking to expand your investment portfolio, secure a mixed use commercial asset, or explore future repositioning opportunities, this property presents a rare combination of current occupancy, location, and flexibility. The building has been maintained as a multi suite commercial property and offers a layout that can continue serving a range of business types for years to come. Investment opportunities in downtown Ortonville with existing tenant occupancy and adaptable suite arrangements are limited, making this a unique opportunity to enter or expand within the local commercial market. Tours are available by appointment only. We would love to start the conversation and discuss the possibilities this property has to offer.
Property Information
Property Type
Commercial Sale
Year Built
1994
Living Area
6,380 sq ft
Lot Size
0.25 acres
Lot Dimensions
99.00X102.00
Days on Market
60
MLS® Listing#
20261031919
Property Features
Cooling
Heating
Construction
Foundation
Sewer
Water Source
Financial Details
Annual Taxes
$7,577
Assessed Value
$116,670
Parcel Number
0307380032
Directions
M-15 north veer right on South street at A&W go until you get into town, on left across from fire station
Affordability Calculator
$90,000
Estimated monthly payment
$2,395/mo
Principal $360,000 · Est. interest $502,232 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ortonville Village, MI
- $326,255
- Median Listing Price
- 50
- Median Days on Market
- 1,820
- Median Sq Ft
- $177
- Median Price / Sq Ft
- 649
- Active Listings
- This home’s price is 38% above the area median.
- Its price per sq ft is 60% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ortonville Village, MI.
Location
Points of Interest in Ortonville Village, MI
Showing the Ortonville Village area map.
Nearby Schools
Brandon Preschool Programs
School · 0.3 mi away
Harvey-Swanson Elementary School
Elementary · 0.3 mi away
Ortonville Montessori Center
Elementary · 0.4 mi away
Sherman Lifelong Learning Center
School · 0.5 mi away
Brandon Fletcher Intermediate School
School · 0.7 mi away
Brandon Middle School
Secondary · 0.7 mi away
Brandon High School
Secondary · 1.0 mi away
Belle Ann Elementary School
Elementary · 1.7 mi away
Oakwood Elementary School
Elementary · 2.8 mi away
Montessori School of Clarkston
Elementary · 4.2 mi away
Reid Elementary School
Elementary · 5.6 mi away
Independence Elementary School
Elementary · 6.2 mi away
Goodrich High School
Secondary · 6.3 mi away
Springfield Plains Elementary
Elementary · 6.5 mi away
Oaktree Elementary School
Elementary · 6.6 mi away
Goodrich Middle School
Secondary · 6.8 mi away
Bailey Lake Elementary School
Elementary · 7.5 mi away
Everest Academy
Secondary · 7.5 mi away
Springfield Christian Academy
School · 7.6 mi away
Heartfelt Impressions Learning Center
School · 7.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 792 Meadows Court, Grass Lake Village, MI | $315,000 | 3 | 3 | 2,267 |
| 2854 Oak Street, Stevensville Village, MI | $315,000 | 5 | 5 | 2,523 |
| 1033 Washington Boulevard, Lake Odessa Village, MI | $318,875 | 3 | 2 | 2,506 |
| 215 N Kalamazoo Street, Paw Paw Village, MI | $319,900 | — | 3 | 1,885 |
| 796 Plank Street, Dundee Village, MI | $319,900 | 2 | 2 | 1,575 |
| 738 S Milford Road, Milford Village, MI | $319,900 | 2 | 2 | 1,220 |
Moving Cost Estimate
EXIT Agents in Ortonville Village
Listing Courtesy: Berkshire Hathaway HomeServices Michigan Real Est - 2486255700
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.