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    231 Railway St Coleman, MI 48618

    Sponsored
    For Lease
    $6,000 /Mo

    Historic Downtown Coleman Office - 600 sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 600-square-foot creative office space is ideally located on the second floor of a historic building in downtown Coleman, Michigan. The property boasts a private side street entrance, offering convenient and discreet access. Inside, you'll find three generously sized offices, perfect for individual workspaces or collaborative teams, along with a convenient restroom. The space is situated in a single, two-story building, and while there is no elevator, the second-floor location offers a degree of privacy and quiet. All utilities are included in the lease, simplifying budgeting and management. Recent upgrades include a brand-new furnace and air conditioning system, ensuring year-round comfort and energy efficiency. This prime location offers easy access to both Mount Pleasant and Midland, approximately 20 minutes away, making it an attractive option for businesses seeking a blend of historical charm and modern convenience. The property is situated in Midland County, at 231 E Railway St, Coleman, MI 48618. This is a single-tenancy space, perfect for a small business or professional seeking a unique and well-maintained office environment.

    Property Features for 231 Railway St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    Total Rate
    6000

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    0 SF
    Rate per SF
    $12,000

    HighLights

    • 600 sq ft creative office space in historic downtown Coleman, MI.
    • Private side street entrance.
    • Three generously sized offices and a restroom.
    • Second‑floor location in a two‑story building (no elevator).
    • All utilities included.
    • New HVAC system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Old Brick Bakery ... Bakery Bean Me Up Coffee Shop

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Coleman
    County
    Midland
    State
    Michigan
    Longitude
    -84.586525
    Latitude
    43.756581

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    FAQs

    What type of property is this?
    Office space - Historic Downtown Coleman Office - 600 sq ft
    Where is this office space located?
    The property is located at 231 Railway St Coleman, MI.
    What is the lease rate?
    The lease rate is $12,000 /Mo.
    What are key features of this property?
    This property features: 600 sq ft creative office space in historic downtown Coleman, MI.; Private side street entrance.; Three generously sized offices and a restroom.
    Request Owner's contact information
    231 Railway St Coleman, MI 48618
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    Coleman, MI 48618
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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
    231 Railway St Coleman, MI 48618
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