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    695 1St St Harrison, MI 48625

    Sponsored
    For Sale
    $214,900

    High-traffic industrial building with income potential.

    Property size:
    2,112 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This 2,112 square foot commercial building in Harrison, MI, presents a unique investment opportunity. Ideally situated on BUS 127/N. First Street, it boasts excellent visibility and high traffic flow, making it perfect for a variety of businesses. Currently operating as a tanning/beauty salon with a long-term tenant in the rear (pet groomer), the property offers immediate income potential. The main building comprises 1,536 square feet, while the rear unit adds another 576 square feet. Storage needs are supported by a combination of slab, crawlspace, and basement areas. Recent significant mechanical updates and a new roof ensure a move-in ready condition. The seller is offering both the building and the existing business (inventory and equipment), providing a turnkey solution for entrepreneurs and investors alike. Its convenient location near Wilson State Park and the Clare County Fairgrounds adds to its appeal. The 0.35-acre lot provides ample space. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location.

    Property Features for 695 1St St

    General Information

    Property type
    Industrial properties
    Square Feet
    2,112 SF
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1959
    Property Profile Location Intelligence

    Current Use by Public Records

    Smokin' Hott Tanning ... Tanning Salon Picture Perfect Pets Pet Groomer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Harrison
    County
    Clare
    State
    Michigan
    Longitude
    -84.80373
    Latitude
    44.0257

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    FAQs

    What type of property is this?
    Industrial property - High-traffic industrial building with income potential.
    Where is this industrial property located?
    The property is located at 695 1St St Harrison, MI.
    What is the asking price?
    The asking price for this property is $214,900.
    (231) 947-8200
    Request Owner's contact information
    695 1St St Harrison, MI 48625
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    Harrison, MI 48625
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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
    695 1St St Harrison, MI 48625
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