508 10Th St Menominee, MI 49858
This 1,200 square foot industrial property, situated on a 0.17-acre lot at 508 S 10th Street in Menominee, Michigan, presents a compelling opportunity for entrepreneurs and established businesses alike. Its location on a busy Menominee street ensures high visibility and accessibility, making it ideal for a variety of uses. The open-style interior offers considerable flexibility for customization, allowing for the creation of office space, retail space, storage facilities, or a combination thereof. Ample private parking is available on-site, providing convenience for employees and customers. The property is currently priced at $69,900 and is ready for a new owner to revitalize and adapt it to their specific business needs. This is a rare chance to acquire a well-positioned industrial space in a thriving Michigan community. The building's existing structure provides a solid foundation for a fresh start, allowing for creative design and efficient space planning. The potential for significant return on investment is high, given the property's location, size, and adaptability. Serious inquiries are encouraged to explore this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.