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    546 5Th St Clare, MI 48617

    Sponsored
    For Sale
    $1,200,000

    7,637 SF Building & Land - $1.2M

    Property size:
    7,637 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property in Clare, Michigan, presents a unique investment opportunity. Located at 546 W. Fifth, Clare, MI 48617, this property encompasses 7,637 square feet and is being offered for sale by the owner at $1,200,000. The property is classified as special purpose land and includes a substantial building with a blend of office and warehouse space. The building's versatile layout makes it suitable for a variety of commercial uses. The property's size and configuration offer significant potential for expansion or adaptation to meet specific business needs. Its location in Clare County provides access to a growing market and offers convenient access to local amenities and transportation routes. This is an excellent opportunity for an investor or business owner seeking a well-situated property with substantial space and development potential. The property is currently being sold as a whole, and the sale includes the building and the land. Detailed information regarding the building's specifications and the land's zoning is available upon request. This is a rare opportunity to acquire a significant commercial property in a desirable location. Serious inquiries are encouraged to explore this promising investment.

    Property Features for 546 5Th St

    General Information

    Property type
    Land
    Square Feet
    7,637 SF

    HighLights

    • $1,200,000 asking price.
    • 7,637 square foot building on a commercial land parcel.
    • Located at 546 W. Fifth, Clare, MI 48617.
    • Includes office and warehouse space.
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Martin Heating & Cooling Heating Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Clare
    County
    Clare
    State
    Michigan
    Longitude
    -84.780353
    Latitude
    43.8217842

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    FAQs

    What type of property is this?
    Land - 7,637 SF Building & Land - $1.2M
    Where is this land located?
    The property is located at 546 5Th St Clare, MI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; 7,637 square foot building on a commercial land parcel.; Located at 546 W. Fifth, Clare, MI 48617.
    Request Owner's contact information
    546 5Th St Clare, MI 48617
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    Clare, MI 48617
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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
    546 5Th St Clare, MI 48617
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