Property profile

109 Cleveland Galien, MI 49113

OFF-MARKET
Industrial properties
3,088 SF 0.16 ac lot Built 1900
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Property summary

AI-generated overview

This exceptional 3,088 square foot industrial property, located at 109 S Cleveland Street in the heart of downtown Galien, Michigan, presents a unique investment opportunity. Situated on a 0.16-acre lot, this building boasts significant historical character, having previously served as a tavern. Currently vacant, it awaits a visionary owner to restore its former glory and transform it into a thriving business. The building's substantial size offers ample space for a variety of commercial uses, allowing for creative adaptation to suit diverse needs. Its prime downtown location provides excellent visibility and accessibility, ensuring high foot traffic and potential for strong customer engagement. The asking price of $105,000 represents an affordable entry point into the Galien commercial real estate market, making this an attractive proposition for entrepreneurs and investors seeking a high-return project. The building's rich history and potential for revitalization offer a chance to contribute to the community's growth while simultaneously realizing significant financial gains. This is a rare opportunity to acquire a substantial property in a desirable location at a competitive price. Don't miss your chance to breathe new life into this historic gem.

Property profile

Verified
Property type Industrial properties
Year built 1900
Total area 3,088 SF
Lot 0.16 ac (6,970 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

109 Cleveland Galien, MI 49113
Galien metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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