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    1506 High St Mount Pleasant, MI 48858

    For Sale
    $389,000

    6,120 SF Commercial Building, Mt. Pleasant

    Property size:
    6,120 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional mixed-use property, located at 1506 W High Street in Mt. Pleasant, Michigan, presents a compelling investment opportunity. The 6,120 square foot building sits on a half-acre lot, offering ample space for a variety of commercial ventures. Its prime location, just 1.5 miles west of Business 127 on High Street's north side, ensures high visibility and significant traffic flow. The property's CD-4 commercial zoning provides flexibility for diverse business types, including retail, restaurants, offices, or event spaces. A paved parking lot is included, enhancing convenience for customers and employees. A significant advantage is the existing, grandfathered-in large business sign, providing excellent marketing potential. The asking price is $389,000. The building is currently vacant

    Property Features for 1506 High St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    6,120 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Billy's Tobacco Tobacco Shop U-Haul Neighborhood Dealer Van Rental Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Isabella
    State
    Michigan
    Longitude
    -84.7943089
    Latitude
    43.5973845

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    FAQs

    What type of property is this?
    Mixed-use property - 6,120 SF Commercial Building, Mt. Pleasant
    Where is this mixed-use property located?
    The property is located at 1506 High St Mount Pleasant, MI.
    What is the asking price?
    The asking price for this property is $389,000.
    (989) 386-2631
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    1506 High St Mount Pleasant, MI 48858
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    Mount Pleasant, MI 48858
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1506 High St Mount Pleasant, MI 48858
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