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Decatur Commercial Property with Buildings
For Sale
$250,000

312 E Sherwood St, Decatur, MI 49045

1.2-acre commercial property with multiple buildings and storage areas.

Property Size5,520 SF
Lot Size1.23 Acres
Price / SF$45.29
Days on Market233

Property Features for 312 E Sherwood St

General Information

Standard status Active
Size 5,520 SF
Lot size 1.23 Acres

Taxes and HOA fees

Annual Taxes $10,199
Listing Agency: RE/MAX Advantage
Listed By: David Cerven · License #6501269134
Source: Exprealty
Added: Jan 1 Changed: Aug 20 Last Checked: Aug 22 at 8:50AM

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 RE/MAX Advantage

Investment Insights

Based on property information with market context.

This 1.2-acre property, formerly the Decatur True Value Hardware & Lumber Company, features a finished 60' x 92' building that includes three office spaces, a bathroom, and a space that was formerly a kitchen. The property also includes an attached pole building and outdoor storage areas. An additional 80' by 40' pole building with 13' ceilings is also located on the premises, offering further storage or operational space. This property presents diverse possibilities for entrepreneurial ventures.

Key Highlights

  • 1.2 acre property offers unlimited potential for entrepreneurs.
  • Nicely finished 60' x 92' building suitable for various business uses.
  • Includes 3 office spaces, former kitchen space, and a bathroom.

Property Analytics

Current Use

Decatur Lumber Building Supply Decatur lumber co Building Supply Decatur lumber co,Truevalue,STIHL Building Supply

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store HVAC Service Hair Salon Dental Office

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

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby

Demographics for 49045, MI

5,256
Population
2,855
Households
1.8
Avg Household Size
44
Median Age
14%
College-Educated
87%
High-School Grad
86.4 sq mi
ZIP Area
61
Density / Sq Mi
$58,328
Median Household Income
$38,182
Median Earnings
$824
Median Rent
$170,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Specialty property - 1.2-acre commercial property with multiple buildings and storage areas.
Where is this specialty property located?
The property is located at 312 E Sherwood St Decatur, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1.2 acre property offers unlimited potential for entrepreneurs.; Nicely finished 60' x 92' building suitable for various business uses.; Includes 3 office spaces, former kitchen space, and a bathroom.
More about this property
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