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    213 1St Ave Flint, MI 48503

    Sponsored
    For Sale
    $195,000

    Historic Carriage Town, 5,484 SF, Owner/User

    Property size:
    5,484 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity presents a vacant, 5,484 square foot creative office building situated on a 9,476 square foot lot in Flint, Michigan's vibrant Carriage Town district. The property, identified by APN 40-12-487-015, is offered for sale by the owner as a Class B, two-story building constructed in 1926. The building features a spacious layout including a waiting area, reception area, multiple offices, a conference room, and two bathrooms. Additional amenities include a heated storage room, approximately 1,800 square feet of warehouse space, and three furnaces. The property boasts ample parking within a fenced lot, providing security and convenience. Its prime location offers easy access to major thoroughfares, including I-475 and I-69, placing it within close proximity to the University of Michigan Flint, River Bank Park, and the bustling downtown area. The permitted zoning is B, and the property is held under an LLC ownership structure. This presents a unique chance to acquire a substantial property in a rapidly developing area, ideal for owner-occupancy or adaptive reuse. The asking price is $195,000, translating to $35.56 per square foot. This is a single-unit property with two buildings.

    Property Features for 213 1St Ave

    General Information

    Property type
    Office space
    Square Feet
    5,484 SF
    Class
    B

    Building Details

    Year Built
    1926
    Buildings
    2
    Stories
    2
    Units
    1

    HighLights

    • $195,000 asking price for a vacant, 5,484 square foot creative office building.
    • Located in Flint, MI, at 213 W 1st Ave, in the Historic Carriage Town District.
    • Features include 1,800 square feet of warehouse space, ample parking, and a fenced lot.
    • The property includes a reception area, numerous offices, a conference room, and two bathrooms.
    • The building is a two‑story, Class B property built in 1926, sitting on a 9,476 square foot lot (APN: 40‑12‑487‑015).
    • Convenient access to I‑475 and I‑69, near the University of Michigan Flint and downtown Flint.
    Property Profile Location Intelligence

    Current Use by Public Records

    Weinstein Electric Electrician

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm 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
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.6951836
    Latitude
    43.0184572

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    FAQs

    What type of property is this?
    Office space - Historic Carriage Town, 5,484 SF, Owner/User
    Where is this office space located?
    The property is located at 213 1St Ave Flint, MI.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: $195,000 asking price for a vacant, 5,484 square foot creative office building.; Located in Flint, MI, at 213 W 1st Ave, in the Historic Carriage Town District.; Features include 1,800 square feet of warehouse space, ample parking, and a fenced lot.
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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
    213 1St Ave Flint, MI 48503
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