Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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