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Versatile Commercial Property in Plainwell

995 N 106th Avenue Plainwell, MI 49080

995 N 106th Avenue, Plainwell, MI, 49080
$210,000
Pending
For Sale
Claim this Listing
$210,000
Pending

COMMERCIAL - Plainwell, MI

Property Size1,668 SF
Lot Size0.88 Acres
AddedJun 11, 2025
Days on Market401
Last RefreshJul 16 at 9:06 am

Property Features for 995 N 106th Avenue

General Information

Property type
Commercial Sale
Property subtype
Retail
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Standard status
Pending
APN
08-017-036-00
Size
1,668 SF
Lot size
0.88 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
31'OF W 165' OF SW 1/4 SEC 17 T1N R11W. Deeded: 0.85 AC.
Tax Annual Amount
1819

Utilities

Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Water source
Well

Building Details

Year built
1900
Floors in Building
1
Number of units
1
Building materials
Vinyl Siding
Roof type
Metal

Listing agent Amy L Hamilton License #6501343755

Listing office Jaqua, REALTORS 302 S Main Street, Portage, MI

Listing date Jun 11, 2025

MLS# 25028088

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained commercial property in Plainwell, Michigan, offers excellent visibility and easy access to Grand Rapids. The updated building features newer siding, windows, and roof. The property has a flexible layout with a kitchenette, a men's half bath, and a women's full bath. A spacious back storage area provides room for supplies or equipment. Currently set up as a church, all church-related items will be removed prior to closing. The property, situated on a 0.88-acre lot, contains 1,668 square feet of space. It is ideal for office, retail, or service use.

Key Highlights

  • Excellent visibility and easy access to Grand Rapids.
  • Updated building with newer siding, windows, and roof.
  • Flexible layout suitable for office, retail, or service use.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $28.4k $17.04
− Vacancy −$3.9k −$2.35
EGI $24.5k $14.69
− OpEx −$6.1k −$3.67
NOI $18.4k $11.02
1,668 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$262.5K
$229.7K – $306.3K (±1% cap)
NOI $18,375 @ 7.0% cap · market cap 8.75%
Second Best
Retail
$247.4K
$216.4K – $288.6K (±1% cap)
NOI $17,315 @ 7.0% cap · market cap 8.25%
Theoretical Best
Hotel Hospitality
$15.66M
$13.71M – $18.27M (±1% cap)
NOI $1,096,497 @ 7.0% cap · market cap 522.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Churches & religious facilities

Suggested Use

Restaurant Dental Office Spa & Massage Center Pharmacy Parking Lot & Garage Gym & Fitness Center Grocery & Convenience Store Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Church & religious facility - Updated building suitable for office, retail, or service use.
Where is this church & religious facility located?
The property is located at 995 N 106th Avenue Plainwell, MI.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Excellent visibility and easy access to Grand Rapids.; Updated building with newer siding, windows, and roof.; Flexible layout suitable for office, retail, or service use.
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