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Three-Unit Mixed-Use Building
For Sale
$99,000

718 E Mount Morris St, Mount Morris, MI 48458

Two remodeled apartments sit above a leased retail suite with street-facing display windows and access to municipal parking.

Property SizeContact for details
Days on Market280

Property Features for 718 E Mount Morris St

General Information

Standard status Active
Occupancy 100%

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,739

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Great Lakes Real Estate Advisors
Listed By: Mark E Yuschak · License #124149
Source: Exprealty
Added: Nov 23, 2025 Changed: Aug 30 Last Checked: Aug 30 at 6:39AM

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 Great Lakes Real Estate Advisors

Investment Insights

Based on property information with market context.

This mixed-use building contains more than 2,500 square feet of rentable space across three units. The second floor includes two apartments that have been recently remodeled with cathedral ceilings, recessed lighting, and solid surface flooring. The 1,600-square-foot main-level suite is occupied by a long-term retail tenant and features large windows suitable for storefront advertising.

Municipal parking is available to the north of the property and along the street. All three units are leased, providing an occupied configuration that combines residential and retail space. The property is located at 718 E Mount Morris St in Mount Morris, Michigan.

Key Highlights

  • More than 2,500 square feet of rentable space
  • Three‑unit layout with two apartments and one retail suite
  • 1,600‑square‑foot main‑floor retail space with a long‑term tenant

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Gym & Fitness Center Spa & Massage Center

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby

Demographics for 48458, MI

19,699
Population
9,136
Households
2.2
Avg Household Size
39
Median Age
8%
College-Educated
87%
High-School Grad
35.7 sq mi
ZIP Area
552
Density / Sq Mi
$43,496
Median Household Income
$32,122
Median Earnings
$896
Median Rent
$87,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two remodeled apartments sit above a leased retail suite with street-facing display windows and access to municipal parking.
Where is this mixed-use property located?
The property is located at 718 E Mount Morris St Mount Morris, MI.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: More than 2,500 square feet of rentable space; Three‑unit layout with two apartments and one retail suite; 1,600‑square‑foot main‑floor retail space with a long‑term tenant
More about this property
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