For Sale
48 South Street, Ortonville, MI 48462
$450,000
MLS # 20261031919 (Realcomp)
Built 19940.25 acres
1 / 26
Listing 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.
Source: SparkMLS
About this home
Currently offered at $450,000.
Annual property taxes run approximately $7,577 ($631/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.25 acres
Year Built1994
Location
CityOrtonville
MunicipalityOrtonville Vlg
Zip Code48462
CountyOakland
School DistrictBrandon
Construction & Systems
ConstructionVinyl Siding, Brick
HeatingForced Air
WaterWell
Sale & Financing
Listed5/6/2026
Source: SparkMLS
Tax Information
Annual Tax$7,577
State Equalized Value$181,020
Taxable Value$181,020
Parcel #0307380032
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Barbara Schaefer
Berkshire Hathaway HomeServices Michigan Real Est
Frequently Asked Questions about 48 South Street, Ortonville, MI 48462
Which school district serves 48 South Street, Ortonville, MI 48462?
Per MLS# 20261031919, 48 South Street, Ortonville, MI 48462 is in the Brandon boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Brandon directly to confirm enrollment eligibility.
What are the property taxes at 48 South Street, Ortonville, MI 48462?
Per public tax records, annual property taxes for this property are $7,577. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 48 South Street, Ortonville, MI 48462 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 48 South Street, Ortonville, MI 48462 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 48 South Street, Ortonville, MI 48462?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$2,919
Principal & interest$2,919
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
48 South Street, Ortonville, MI 48462
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Municipality
Brandon Township
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County
Oakland County
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