Technical
Financial
Distress signals
Property profile

120 Main St Fennville, MI 49408

OFF-MARKET
Office buildings
Property ID
US43-2315264
8,254 SF 0.14 ac lot Built 1880
Entity Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,254 square foot industrial property, situated on a 0.14-acre lot at 120 E Main in Fennville, Michigan, presents a unique investment opportunity. Located in the heart of downtown Fennville, this historic building benefits from its central position within a vibrant community experiencing significant growth in agritourism and the arts. The property currently houses a successful and established coffee house and cafe, complete with all kitchen equipment, ample outdoor seating on both front and back patios, and a valuable Class C liquor license. This turnkey operation provides immediate income potential and a strong foundation for continued success. Adding to the property's versatility, two sizable residential apartments occupy the upper level, offering additional revenue streams and potential for future expansion or rental income. The building's prime location within Fennville's thriving downtown, surrounded by wineries, vineyards, orchards, and farms, ensures high visibility and consistent foot traffic. This multi-use property offers a rare blend of commercial and residential income potential, making it an ideal investment for discerning buyers seeking a well-established business with significant upside. The property's historic character and central location within a rapidly growing area combine to create a truly exceptional investment opportunity. The sale includes all existing kitchen equipment and the Class C liquor license.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1880
Total area 8,254 SF
Lot 0.14 ac (5,924 SF)
APN 52-200-019-00
UPID US43-2315264

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Insurance Agency
  • Art Gallery

Location

120 Main St Fennville, MI 49408-8490
Fennville metro Census 30703 HOLLAND, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2014
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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