Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail space

    80820 Main St, Memphis, MI 48041-4907

    1,242 SF 0.06 ac lot Built 1900
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US43-4753459
    Property summary
    AI-generated overview

    This 1,242 square foot industrial storefront is located at 80820 Main Street in the heart of downtown Memphis, Michigan, on busy M19. The all-brick building boasts a newer roof, furnace, and air conditioning system, ensuring efficient and comfortable operation. A newer commercial hood fan is already installed, presenting a significant advantage for food-related businesses. The property offers numerous investment or business possibilities, with ample space for a variety of ventures. There is currently no direct competition in Memphis for businesses such as pizzerias, coffee shops, breakfast diners, or other eateries. The building includes a partial basement, providing additional storage or workspace, and features two bathrooms for convenience. Access is provided via both front and rear entrances. The 0.06-acre lot offers convenient access and visibility. The property is available for purchase at $120,000 and is also available for lease at $1,500 per month with land contract terms. This is a rare opportunity to establish a business in a thriving downtown location with minimal competition. The combination of a well-maintained building and a prime location makes this an exceptional investment prospect.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1900
    Total area 1,242 SF
    Lot 0.06 ac (2,396 SF)
    Zoning code RETAIL < 5K S
    APN 04-03-02-201-008
    UPID US43-4753459
    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
    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
    Joseph Giordano · 1 yrs held
    Joseph Giordano
    since 2025
    Last sale
    $80,000
    6 recorded transactions
    2025
    $80,000
    2008
    $35,000
    2008
    $9,997
    2006
    $28,000
    2006
    $57,432
    2006
    $5,000
    Zoning & alternative use
    RETAIL < 5K S · Memphis, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 80820 Main St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message