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Mixed-Use Property with Apartments

1235 10th Avenue, Menominee, MI 49858

For Sale
New
$375,000

The building combines three apartments, commercial space, and storage in a single mixed-use property.

Property Size9,070 SF
Price / SF$41.35
Days on Market3

Property Features for 1235 10th Avenue

General Information

Standard status Active
Size 9,070 SF
Property subtype Commercial
Zoning Commercial / Residential

Additional Details

Mixed-Use Components commercial, residential
Multifamily Units 3
Tenant in Place Yes

Building Details

Building Size 9,070 SF
Year Built 1940
Listing Agency: Broadway Real Estate
Listed By: Phil Kloida
Source: Howardandwilliams
Added: Nov 10 Changed: Nov 11 Last Checked: Nov 11 at 5:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Broadway Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 9,070-square-foot mixed-use building, constructed in 1940, contains three apartments alongside a large commercial area. Multiple garages and additional storage are also part of the property. The stated zoning is Commercial / Residential.

Key Highlights

  • Three apartments paired with commercial space
  • 9,070 square feet of building area
  • Built in 1940

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Garden Center Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

391
Businesses Nearby

Demographics for 49858, MI

11,939
Population
6,486
Households
1.8
Avg Household Size
49
Median Age
19%
College-Educated
93%
High-School Grad
86.8 sq mi
ZIP Area
138
Density / Sq Mi
$52,813
Median Household Income
$39,492
Median Earnings
$691
Median Rent
$127,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines three apartments, commercial space, and storage in a single mixed-use property.
Where is this mixed-use property located?
The property is located at 1235 10th Avenue Menominee, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three apartments paired with commercial space; 9,070 square feet of building area; Built in 1940
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