Bank Building with
For Sale
$74,900
2543 Sherman St, Applegate, MI 48401
C-1 zoning, a vault, and separate metering for central air conditioning shape the building’s existing features.
Property SizeContact for details
Days on Market10
Property Features for 2543 Sherman St
General Information
Standard status
Active
Property subtype
Commercial
Zoning
C-1
Additional Details
Drive-Thru
Yes
Taxes and HOA fees
Annual Taxes
$1,650
Amenities
drive-thru window
security lighting
large vault
lighted parking
central AC
water filtration system
compact gas water heater
extensive electrical supply box
well and septic
Building Details
Year Built
1970
Listing Agency:
Coldwell Banker Premier Properties Inc.
Listed By:
Rita Dahmen · License #6501373365
(386) 316-4052
Source:
Elliman
Added: Oct 12
Changed: Oct 21
Last Checked: Oct 20 at 9:01PM
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 Coldwell Banker Premier Properties Inc.
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Investment Insights
Based on property information with market context.
Built in 1970, this former bank building includes a drive-through window and a large vault. Other features include central air conditioning with separate metering, security lighting, illuminated parking, a water filtration system, a compact gas water heater, and an extensive electrical supply box. An additional lot is included.
The property is zoned C-1. Its well and septic system were inspected recently and were found to be in working order.
The property is zoned C-1. Its well and septic system were inspected recently and were found to be in working order.
Key Highlights
- Former bank building with drive‑through window and large vault
- C‑1 zoning
- Central air conditioning is separately metered
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Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
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Demographics for 48401, MI
1,385
Population
744
Households
1.9
Avg Household Size
51
Median Age
14%
College-Educated
96%
High-School Grad
34.6 sq mi
ZIP Area
40
Density / Sq Mi
$68,571
Median Household Income
$39,631
Median Earnings
$972
Median Rent
$161,200
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Bank - C-1 zoning, a vault, and separate metering for central air conditioning shape the building’s existing features.
Where is this bank located?
The property is located at 2543 Sherman St Applegate, MI.
What is the asking price?
The asking price for this property is $74,900.
What are key features of this property?
This property features: Former bank building with drive‑through window and large vault; C‑1 zoning; Central air conditioning is separately metered
