Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    950 E Main St Morenci, MI 49256

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $997,000

    Dollar General property for sale in Morenci, Michigan.

    Property size:
    9,055 SF
    Lot size:
    1.06 Acres

    Property Features for 950 E Main St

    General Information

    Size
    9,055 SF
    Lot size
    1.06 Acres

    Source: NNN Pro Group Agent Josh Kanter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dollar General in Morenci, MI

    The property at 950 East Main Street, Morenci, Michigan, is a Dollar General store. It features approximately 9,055 square feet of rentable building space on an estimated 1.06-acre parcel of land. The property is subject to a 25-year Double Net (NN) lease, which commenced on August 1, 2005. The current annual rent is $82,256.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Morenci
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.203158
    Latitude
    41.717273

    Nearby Similar for Sale

    • $154,900
      2,800 SF

      Versatile Commercial and Residential Space

      Flexible commercial space with residential features in a hunting-friendly location.
      7925 M 156, Morenci, MI 49256
      View Details
    • $6,000,000

      Turn Key Marijuana Grow Facility

      24,000 sq ft marijuana grow facility on 3.16 acres.
      515 Hammontree Dr, Morenci, MI 49256
      View Details
    • $89,900

      Updated Commercial Building in Morenci

      Updated commercial building in revitalizing downtown area, ideal for business.
      231 W Main St, Morenci, MI 49256
      View Details
    • $99,900

      Bowling Alley with Restaurant Potential

      Ten-lane bowling alley with restaurant and entertainment potential.
      136 W Main St, Morenci, MI 49256
      View Details
    • $89,900

      Former Church and Youth Center

      Three-story building suitable for business, retail, or office use.
      244 W Main St, Morenci, MI 49256
      View Details
    • $6,000,000

      Industrial Property in Morenci, MI

      Industrial property available for sale in Morenci, Michigan.
      515 Hammontree Dr, Morenci, MI
      View Details

    FAQs

    What type of property is this?
    Specialty property - Dollar General property for sale in Morenci, Michigan.
    Where is this specialty property located?
    The property is located at 950 E Main St Morenci, MI.
    What is the asking price?
    The asking price for this property is $997,000.
    What are key features of this property?
    This property features: - Long-term double net (NN) lease in place offering a stable investment.; - Tenant is Dollar General, a nationally recognized retailer.; - Current annual rent of $82,256 provides a solid income stream.
    (332) 345-2408
    Request Owner's contact information
    950 E Main St Morenci, MI 49256
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    950 E Main St
    Morenci, MI 49256
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    950 E Main St Morenci, MI 49256
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.