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    518 W Washington St Saint Louis, MI 48880

    For Sale
    $50,000

    Vacant Lot/Land - St Louis, MI

    Lot size:
    0.51 Acres
    Days on Market:
    402
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 518 W Washington St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Exterior features
    None
    Lot size
    0.51 Acres

    Building Details

    Architectural style
    Other

    CENTURY 21 LEE-MAC REALTY (989) 463-6085

    Listing agent Bob Fall (989) 463-6085

    Listing date Nov 8, 2024

    MLS# 1928909 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Lot Opportunity

    This expansive double commercial lot, covering 0.51 acres, is located in a prominent area where Tony's Restaurant once thrived. The build-ready lot is in a highly visible spot with easy access, offering possibilities for a new venture. The spacious layout provides ample room for parking, outdoor seating, or landscaping, making it suitable for attracting foot traffic. This lot is located in Saint Louis, Michigan.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Saint Louis
    County
    Gratiot
    State
    Michigan
    Longitude
    -84.614777
    Latitude
    43.408081

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    FAQs

    What type of property is this?
    Commercial land - Spacious commercial lot in growing Saint Louis, Michigan.
    Where is this commercial land located?
    The property is located at 518 W Washington St Saint Louis, MI.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Large .51 acre double commercial lot.; - Prominent, highly visible location.; - Build-ready lot with easy access.
    (989) 463-6085
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    518 W Washington St Saint Louis, MI 48880
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    Saint Louis, MI 48880
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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
    518 W Washington St Saint Louis, MI 48880
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