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    727 E Mount Morris St Mount Morris, MI 48458

    For Sale
    $239,900

    Commercial building with multiple office suites and income potential.

    Lot size:
    0.15 Acres

    Property Features for 727 E Mount Morris St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1900

    Source: Gebrael Management Agent Nadeem A Gebrael

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

    Overview

    Tenant-Occupied Commercial Building in Mt. Morris

    This tenant-occupied commercial building, located in downtown Mt. Morris, offers over 7,000 square feet of space. The building is configured with three built-out office suites, along with two additional suites that can be built out to generate additional income. Currently, two 900-square-foot suites and one 1900-square-foot suite are occupied by tenants. Remodeling work was completed on the building between 2015 and 2018. The additional space available for build-out presents an opportunity to increase income from the units.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Morris
    County
    Genesee
    State
    Michigan
    Longitude
    -83.6935923
    Latitude
    43.119504

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    FAQs

    What type of property is this?
    Office building - Commercial building with multiple office suites and income potential.
    Where is this office building located?
    The property is located at 727 E Mount Morris St Mount Morris, MI.
    What is the asking price?
    The asking price for this property is $239,900.
    What are key features of this property?
    This property features: - Tenant-occupied commercial building in downtown Mt. Morris; - Currently has 3 rented office suites (900 sq. ft., 900 sq. ft., and 1900 sq. ft.); - Two additional suites can be built out for additional income
    (810) 423-3718
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    Mount Morris, MI 48458
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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
    727 E Mount Morris St Mount Morris, MI 48458
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