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    503 W Maple St Bancroft, MI

    For Sale
    $200,000

    Former funeral home with garage and unfinished basement for sale.

    Property size:
    14,279 SF
    Lot size:
    1.48 Acres

    Property Features for 503 W Maple St

    General Information

    Size
    14,279 SF
    Lot size
    1.48 Acres

    Source: Woodworth Commercial LLC Agent Ryan Calhoun

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

    Overview

    Repurposable Bancroft Property with Garage

    This property, formerly a funeral home, is available for repurposing. The building features 4,990 square feet of space, including an office, lobby, and multiple gathering areas. Additionally, there is a 2,650-square-foot area formerly used as a residence, providing potential living or office space. The property also includes a 4,362-square-foot unfinished basement, offering substantial storage capacity, along with 891 square feet of additional storage space on the second level. A detached garage provides an additional 1,386 square feet. Deed restrictions apply, prohibiting its use as a funeral home. With a large parking lot, this property presents an opportunity for various uses such as a church or contractor's office. The property is situated on a 14,279 square foot lot.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Spa & Massage Hair Salon Nail Salon Auto Repair Shop Bar & Pub Grocery Store Auto Parts Store Food Market Barber Shop HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Bancroft
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.0638525
    Latitude
    42.8786421

    FAQs

    What type of property is this?
    Storefront property - Former funeral home with garage and unfinished basement for sale.
    Where is this storefront property located?
    The property is located at 503 W Maple St Bancroft, MI.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Large 4,990 SF space suitable for repurposing (church, contractor office, etc.).; - Ample parking lot.; - Additional 2,650 SF former residence.
    (989) 723-3711
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    503 W Maple St Bancroft, MI
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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
    503 W Maple St Bancroft, MI
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