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    124 Main St Capac, MI 48014

    For Sale
    $289,900

    Historic building, two units, 2,500 sq ft

    Property size:
    2,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2,500 square foot industrial building, situated at 124 N MAIN in Capac, MI, presents a unique investment opportunity. Built in 1912 and extensively renovated in 1997, the property boasts two distinct units, offering flexibility for various uses. The front unit, previously an accounting firm, features a spacious waiting room (12 x 21.5 ft), a support staff office (10 x 16 ft), an additional office (10 x 12 ft) with attached file room (10 x 6 ft), an accessible bathroom (7 x 9 ft), and a second file room (7 x 9 ft). A convenient break area with countertop, sink, and refrigerator (9 x 11 ft) completes this space. Access is available from both the front and rear entrances. The rear unit, formerly a tanning spa, comprises five rooms ideal for tanning beds or other uses: four stand-up tanning rooms and one larger room. This unit also includes an accessible bathroom, a small counter with sink, and a stackable washer and dryer. The 0.11-acre lot provides street parking on Capac Rd and two dedicated parking spaces at the rear. The property is priced at $289,900, and the Village of Capac taxes are $421.00 annually. This versatile building offers potential for continued use as two separate rental units or complete customization to suit individual business needs. Don't miss this chance to own a piece of Capac's history.

    Property Features for 124 Main St

    General Information

    Property type
    Industrial properties
    Square Feet
    2,500 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1919
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Capac
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.92804
    Latitude
    43.01338

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    FAQs

    What type of property is this?
    Industrial property - Historic building, two units, 2,500 sq ft
    Where is this industrial property located?
    The property is located at 124 Main St Capac, MI.
    What is the asking price?
    The asking price for this property is $289,900.
    (248) 218-2604
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    124 Main St Capac, MI 48014
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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
    124 Main St Capac, MI 48014
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