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    OFF-MARKET
    Industrial properties

    00063 M 40, Gobles, MI 49055

    6,700 SF 1.25 ac lot Built 1970
    Property ID
    Property summary
    AI-generated overview

    This 6,700 square foot industrial building presents a unique investment opportunity in Gobles, MI. Situated on a 1.25-acre lot with excellent visibility on busy M-40 Highway, this property offers significant potential for diverse commercial uses. Previously utilized as a banquet hall and a dog grooming business, the lower level boasts ample space adaptable to various commercial ventures. The layout allows for the potential subdivision into two or three additional apartments, increasing rental income streams. An existing two-bedroom, one-bathroom apartment on the upper floor provides immediate income generation. The building's versatile design and prime highway location make it an attractive prospect for entrepreneurs seeking a high-traffic location. The substantial square footage and existing infrastructure offer a solid foundation for a variety of business plans, from retail to light industrial operations. This property is ready for a new owner to capitalize on its existing features and unlock its full potential. The high visibility and convenient location on M-40 ensure strong exposure to a large customer base. This is a rare opportunity to acquire a multi-use property with immediate income potential and significant upside. Serious inquiries only.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1970
    Total area 6,700 SF
    Lot 1.25 ac (54,450 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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