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    244 Main St Morenci, MI 49256

    Sponsored
    For Sale
    $89,900

    Prime Downtown Location, Endless Potential

    Property size:
    8,580 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 8,580 square foot commercial property located at 244 W Main Street in the heart of Morenci, Michigan, presents a unique investment opportunity. The building, formerly a church and youth center, boasts a rich history and offers versatile space ideal for a variety of business ventures. Its three-story layout includes a basement, main floor, and upper level, providing ample room for diverse configurations. Imagine the possibilities: a retail space on the main floor, with office space above, or a completely unique business model utilizing the entire building. The 0.15-acre lot provides convenient access and visibility in the bustling downtown area. The building's substantial size and adaptable floor plan allow for creative customization to suit your specific business needs. This is a chance to own a piece of Morenci's history and shape its future. The property is priced competitively at $89,900, making it an attractive proposition for entrepreneurs and investors alike. Don't miss this rare opportunity to acquire a prominent downtown building with significant potential for growth and profitability. The building's solid construction and central location promise a strong return on investment. Contact us today to schedule a viewing and explore the possibilities this remarkable property offers.

    Property Features for 244 Main St

    General Information

    Property type
    Industrial properties
    Square Feet
    8,580 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1925
    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 Auto Repair Shop Pharmacy Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Morenci
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.21863
    Latitude
    41.71974

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    FAQs

    What type of property is this?
    Industrial property - Prime Downtown Location, Endless Potential
    Where is this industrial property located?
    The property is located at 244 Main St Morenci, MI.
    What is the asking price?
    The asking price for this property is $89,900.
    (517) 263-8971
    Request Owner's contact information
    244 Main St Morenci, MI 49256
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    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
    244 Main St Morenci, MI 49256
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