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    312 E Sherwood St Decatur, MI 49045

    For Sale
    $319,000

    COMMERCIAL - Decatur, MI

    Property size:
    15,286 SF
    Lot size:
    1.23 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 312 E Sherwood St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    80-43-040-581-00
    Parking
    10
    Interior features
    Broadband
    Size
    15,286 SF
    Lot size
    1.23 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Number of units
    1
    Building materials
    Block, Metal Siding
    Roof type
    Metal

    RE/MAX Advantage (269) 488-7693 [email protected]

    Listing agent David Cerven (269) 488-6555

    Listing date Nov 17, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Decatur Commercial Property with Buildings

    This 1.2-acre commercial property, formerly the Decatur True Value Hardware & Lumber Company, offers significant potential for entrepreneurial ventures. The main building, measuring 60' x 92', features finished interiors including three office spaces, a bathroom, and a space formerly used as a kitchen. The property also includes an attached pole building and outdoor storage areas. An additional 80' by 40' pole building is present, featuring 13' ceilings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Decatur Lumber Hardware Store Decatur lumber co Hardware Store Decatur lumber co,Truevalue,STIHL Hardware Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Van Buren
    State
    Michigan
    Longitude
    -85.966719
    Latitude
    42.110898

    Nearby Similar for Sale

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    • Contact for pricing
      1,288 SF

      Downtown Decatur Commercial Building

      Spacious building, ideal for your business.
      117 Phelps St, Decatur, MI 49045
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    FAQs

    What type of property is this?
    Storefront property - 1.2-acre commercial property with multiple buildings and office space.
    Where is this storefront property located?
    The property is located at 312 E Sherwood St Decatur, MI.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: - 1.2 acre property offering unlimited entrepreneurial potential.; - Nicely finished 60' x 92' building with **3 office spaces**.; - Includes an 80' x 40' pole building with **13' ceilings**.
    (269) 488-6555
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    312 E Sherwood St Decatur, MI 49045
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