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    136 Main St Morenci, MI 49256

    For Sale
    $125,000

    Prime Morenci location, 10-lane bowling alley, high potential.

    Property size:
    10,920 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 10,920 square foot industrial property located at 136 W Main, Morenci, MI, presents a unique investment opportunity. Situated on a 0.33-acre lot, this building previously housed a successful bowling alley and restaurant, offering immense potential for a variety of uses. The existing infrastructure includes ten bowling lanes, providing a solid foundation for a revitalized entertainment venue. The substantial square footage allows for expansion and diversification, with ample space to incorporate additional amenities such as a bar, arcade, pro shop, or expanded dining area. The property's history as a popular community gathering spot suggests strong potential for future success. The asking price is $125,000, representing a significant value for a property of this size and potential in the thriving Morenci market. This is an exceptional chance to acquire a piece of Morenci's history and shape its future. The property's versatile layout and prime location make it ideal for an entrepreneur seeking a unique business venture or an investor looking for a high-return opportunity. The building's solid construction and ample space offer flexibility for a wide range of uses, ensuring a strong return on investment. Don't miss this chance to own a piece of Morenci's vibrant community.

    Property Features for 136 Main St

    General Information

    Property type
    Industrial properties
    Square Feet
    10,920 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm Daycare Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Morenci
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.21667
    Latitude
    41.71976

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    FAQs

    What type of property is this?
    Industrial property - Prime Morenci location, 10-lane bowling alley, high potential.
    Where is this industrial property located?
    The property is located at 136 Main St Morenci, MI.
    What is the asking price?
    The asking price for this property is $125,000.
    (517) 263-8971
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    136 Main St Morenci, MI 49256
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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
    136 Main St Morenci, MI 49256
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