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    156 E Division St Sparta, MI 49345

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    For Sale
    $300,000

    Historic building in Sparta's Central Business District, ideal for office/retail.

    Property size:
    2,853 SF
    Lot size:
    0.07 Acres

    Property Features for 156 E Division St

    General Information

    Size
    2,853 SF
    Lot size
    0.07 Acres

    Source: Coldwell Banker AJS (Sparta) Agent Michael Lamb

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

    Overview

    Historic Commercial Building in Sparta

    This historic commercial building, originally constructed in 1880 as the Peoples State Bank, is located in Downtown Sparta. The well-preserved property, currently used as the Village of Sparta offices, is situated within the Central Business District, making it suitable for office or retail ventures. The building features private offices, a spacious conference room, attic storage, and a full basement that provides additional storage options. The original safe and vault remain intact. The property has a size of 2853 square feet. This property presents an opportunity for investors or business owners looking to establish themselves in a vibrant community.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sparta
    County
    Kent
    State
    Michigan
    Longitude
    -85.713936
    Latitude
    43.160439

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    FAQs

    What type of property is this?
    Office building - Historic building in Sparta's Central Business District, ideal for office/retail.
    Where is this office building located?
    The property is located at 156 E Division St Sparta, MI.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Downtown Sparta's Central Business District.; - Historic building with **original 1880s bank safe and vault intact.**; - Versatile space suitable for office or retail ventures.
    (616) 498-5368
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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
    156 E Division St Sparta, MI 49345
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