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    113 Main St Morenci, MI 49256

    Sponsored
    For Sale
    $114,900

    Prime Downtown Morenci Industrial Building

    Property size:
    2,553 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,553-square-foot industrial property, situated on a 0.1-acre lot at 113 W Main Street in Morenci, Michigan, presents a remarkable opportunity for business owners. The building boasts extensive office space, perfect for a variety of uses. The layout includes a spacious main office, a welcoming reception area, comfortable waiting areas, and ten individual exam or office rooms, providing ample space for staff and clients. A large meeting or conference room is also available for collaborative work or presentations. Adding to its functionality, the property includes a partial basement, offering extra storage or workspace. Parking is readily available, with both private and municipal options nearby. Recent upgrades enhance the property's appeal, including a new roof and flooring installed in 2022, ensuring a move-in ready condition. Its prime location in Morenci's Downtown District, directly on Main Street (M-156), provides excellent visibility and accessibility, making it an ideal location for establishing or expanding a business. The asking price for this versatile and well-maintained property is $114,900. This is a rare opportunity to acquire a substantial and well-equipped industrial space in a thriving downtown area.

    Property Features for 113 Main St

    General Information

    Property type
    Industrial properties
    Square Feet
    2,553 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1960
    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
    -84.216
    Latitude
    41.71914

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    FAQs

    What type of property is this?
    Industrial property - Prime Downtown Morenci Industrial Building
    Where is this industrial property located?
    The property is located at 113 Main St Morenci, MI.
    What is the asking price?
    The asking price for this property is $114,900.
    (517) 263-8971
    Request Owner's contact information
    113 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
    113 Main St Morenci, MI 49256
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