204 N Main Street Eaton Rapids, MI 48827
COMMERCIAL - Ranch - Eaton Rapids, MI
- Added:
- May 12, 2026
- Days on Market:
- 63
- Last Refresh:
- Jul 13 at 8:06 am
Property Features for 204 N Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Single Family Residence
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 22
- Parking features
- Parking Lot
- Exterior features
- Lighting
- Basement
- Partial
- Standard status
- Active
- APN
- 23-300-034-300-112-00
- Size
- 3,336 SF
- Lot size
- 0.43 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- COM 59.40 FT S 31DEG 13MIN 25SEC E OF SW CORNER LOT 13,BL.1, FROST & MARVINS ADD., N 56DEG 06MIN 10SEC E 91.02 FT, S 83DEG 25MIN 09SEC E 77.11 FT, S 04DEG 15MIN 10SEC E 60.31 FT, S 21DEG 54MIN 52SEC E 65.43 FT, N 87DEG 16MIN 30SEC W 137.3 FT, NWLY 84 .68 FT TO BEG. EXCEPT THAT PART FOR PUBLIC ROAD ON SOUTH OF DESCRIPTION. SEC.34, T2N,R3W, CITY OF EATON RAPIDS 1981
- Tax Annual Amount
- 7003
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
- Water front
- 1
Building Details
- Year built
- 1945
- Floors in Building
- 1
- Building materials
- Concrete
- Architectural style
- Ranch
Listing agent Brian Ross License #6502122401 (517) 663-4500
Listing office Ross & Associates Realtors, LLC 147 S Main Street, Eaton Rapids, MI (517) 663-4500
Listing date May 12, 2026
Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 204 N Main Street in Eaton Rapids, Michigan, the property sits on approximately 0.43 acres and contains 3,336 square feet.
The building’s retail-oriented configuration and active leasing status make it suitable for buyers looking to acquire a commercial storefront property with current occupancy under a month-to-month arrangement.
Key Highlights
- Commercial building available for sale on Main Street; building only (business not included).
- Month‑to‑month lease in place; current tenant may want to stay (confirm details with listing agent).
- Year built 1945 ranch‑style construction with concrete exterior materials.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.6k | $15.48 |
| − Vacancy | −$9.2k | −$2.77 |
| EGI | $42.4k | $12.71 |
| − OpEx | −$12.7k | −$3.81 |
| NOI | $29.7k | $8.90 |
