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Property profile & analytics

12 Ctr St Douglas, MI 49406-5110

  • Retail space
  • 1,230 SF
  • 0.03 lot acres
OFF-MARKET
Value Estimations
$350,000
Show details
Cap Rate Potential
3.7%
Retail space
Location Intelligence
Property ID
US43-5196605
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Center Stage Salon / Waxing Hair Removal Service / Hair Salon

Property Details for 12 Ctr St

Lot size
0.03 lot acres
Property size
1,230 SF
Property type
Retail space
APN
59-530-003-00
APU
5953000300

Description

This exceptional restaurant opportunity is located at 12 W Center Street, Suite 3, in the charming city of Douglas, Michigan. The property boasts 1,230 square feet of space, situated on a 0.028-acre lot (APN: 0359-530-003-00). Built in 1998, this single-building property is currently configured as a salon, but its versatile layout presents significant potential for a variety of restaurant concepts. The asking price is $400,000, translating to $325.20 per square foot. The building features attractive large windows, maximizing natural light and providing excellent street visibility. A rare find in this area, the property also includes a finished basement, adding valuable extra space. The location is ideal, surrounded by three thriving restaurants, galleries, and retail stores, and just blocks from two parks and access to the Kalamazoo River. This prime downtown location offers high foot traffic and visibility, making it an excellent investment opportunity for a discerning restaurateur. The property consists of three units within a single building. This turnkey opportunity is ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $345,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $409,000
    Market price range: $95.3k - $432k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Douglas
County
Allegan
State
Michigan
Longitude
-86.2008
Latitude
42.644
CBSA code
26090
CBSA name
HOLLAND, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$35,000
$81,200
$116,200
-
$70,000
$162,400
$232,400
More about this property
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