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Property profile & analytics

725 3rd Ave Big Rapids, MI 49307-8521

  • Commercial real estate
  • 6,000 SF
  • 0.93 lot acres
OFF-MARKET
Last Sale
Feb 08, 2023
$400,000
Value Estimations
$415,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-2753168
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

  • Michigan Elks Association Major / Charity
  • M-20 Self Storage / Self-Storage Facility / Warehouse
  • Classic Carpet Cleaning / Carpet Cleaning Service
  • Complete Cleaning & Restoration / Carpet Cleaning Service / Air Duct Cleaning Service

Property Details for 725 3rd Ave

Year built
1979
Lot size
0.93 lot acres
Property size
6,000 SF
Property type
Commercial real estate
APN
17-14-240-001
APU
1714240001

Description

This exceptional investment opportunity presents a 6,000 square foot commercial building in Big Rapids, Michigan, situated at 725 S 3rd Ave, 49307. The property, built in 1981 and renovated in 1991, is currently vacant and zoned COM. The building boasts a welcoming reception area, multiple office spaces, and a convenient kitchenette, creating a professional atmosphere. Two private restrooms enhance the functionality. A significant asset is the 1,500 square foot heated garage, perfect for vehicle storage, equipment, or additional workspace. Further enhancing income potential are 54 on-site storage units, providing a substantial supplemental revenue stream. The property is a single-story Class B building, offering 6,000 square feet of space at a price per square foot of $132.50. This versatile property is ideal for a variety of uses and presents a strong return on investment. The property's location in Mecosta County offers easy access to local amenities and transportation routes. This is a rare opportunity to acquire a multi-faceted commercial property with immediate income potential. Don't miss this chance to own a well-maintained and profitable commercial building in a thriving Michigan community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $415,000

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


Location Insight

  • Map
  • Local Demand
City
Big Rapids
County
Mecosta
State
Michigan
Longitude
-85.467
Latitude
43.6949
CBSA code
13660
CBSA name
BIG RAPIDS, 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
0
$0.00
$0.00
$0.00
$103,600
-
$0.00
$0.00
$207,200
More about this property
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