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    Corner Medical Clinic with Apartments
    Updated: Jun 24
    Corner Medical Clinic with Apartments

    69206 N Main St, Richmond, MI 48062

    $649,900
    4,860 sqft
    Prominent downtown commercial corner with a light, bright first‑floor storefront and flexible B‑2 zoning
    Currently operating as a medical sports recovery clinic (Ste 1‑A) with commercial use allowed on the first 2 floors
    Five additional income‑generating apartments with leases in place
    High‑quality new front and rear doors with sidelights and transom updated in 2026
    Storefront window display style and curb‑appeal architecture, located in a historic walking downtown area
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    This listing looks promising.

    Here's a quick look at some key insights for

    69206 N Main St, Richmond, MI

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $51K
      Annual

    • Price @ 7% Cap

      $728K
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1920
    View Property Analytics
    25-Unit Multifamily Apartment Building
    Updated: Jul 25
    25-Unit Multifamily Apartment Building

    36984 Division Rd, Richmond, MI 48062

    $2,680,000
    Well‑maintained 25‑unit multifamily property built in 1982
    Currently 100% occupied with Net Operating Income (NOI) of $191,560
    Approximately 180 feet of road frontage on Division Road
    Easy access to M‑19 and surrounding communities
    Spacious units and ample parking plus a large lot
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Occupied Multifamily Investment Opportunity
    Occupied Multifamily Investment Opportunity

    Mount Clemens, MI 48043

    $239,900
    1,969 sqft 0.17 AC lot

    Five-unit multifamily property in Mt. Clemens with long-term tenants.

    View details
    Mount Clemens Multifamily Investment Opportunity
    Mount Clemens Multifamily Investment Opportunity

    104 Grand Ave, Mount Clemens, MI 48043

    $239,900

    Fully occupied 5-unit building in Mount Clemens with long-term tenants.

    View details
    Garden-Style Apartment Community
    Garden-Style Apartment Community

    27010 Wentworth Dr, Roseville, MI 48066

    Contact for pricing

    75-unit garden-style apartment community is 96% occupied with ranch units offering separate entries and in-unit washer/dryer hookups.

    View details
    Mixed-Use Building with Income Potential
    Mixed-Use Building with Income Potential

    26345 Gratiot Ave, Roseville, MI 48066

    Contact for pricing
    6,624 sqft

    Mixed-use building featuring retail and residential units for sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Richmond, MI Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Richmond, MI on our real estate platform. These investment opportunities span a total of 4,860 square feet of properties for sale, with an estimated market value of $3,329,900.

    Sale prices for two-family homes in Richmond, MI start at $649,900, averaging $1,664,950, and reaching up to $2,680,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 9,273
    Population Growth (5Y) -3.4%
    Median Household Income $75,763
    College Educated 35.8%

    Taxes & Financing

    Tax Rate (average for all types) 4.76%
    Property Tax per SF $84.02 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Macomb County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Macomb County

    Residential Income

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