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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    6446 Morris St, Marlette, MI 48453-1351

    Entity Owned 14-yr Hold Free & Clear
    Property ID
    US43-4761133
    Property summary
    AI-generated overview

    This exceptional commercial property at 6446 MORRIS, Marlette, MI, presents a rare opportunity. The solid brick building boasts over 2,400 square feet of versatile space, ideal for a single business or easily divisible for two. The layout includes six individual offices, each equipped with a mini-split HVAC unit for climate control, three half-bathrooms, a convenient breakroom, ample storage, and a large open area perfect for a reception or shared workspace. Recent upgrades significantly enhance the property's value and functionality. These improvements include a newly installed 30-year rubber roof, partial window replacements for improved energy efficiency, and a complete HVAC system overhaul. Situated on a 0.03-acre lot, this building offers a prime location in Marlette's downtown district, where comparable commercial space is scarce. The property's size and features make it an attractive investment for businesses seeking expansion or a strategic relocation. Don't miss this chance to acquire a well-maintained, updated commercial building in a desirable location. The asking price is $119,900.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 330-100-027-007-01
    UPID US43-4761133
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Peoples Company Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Signature Bank · 14 yrs held
    Signature Bank
    since 2011
    1 recorded transaction
    2011
    $93,950
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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