307 Sheridan Ave Remus, MI 49340
This unique commercial property located at 307 S Sheridan Avenue in Remus, Michigan, presents a remarkable investment opportunity. Priced at $135,000, this expansive building, formerly used as a church, offers a wealth of possibilities for a variety of commercial ventures. The main level boasts a large, open space ideal for showcasing merchandise or creating an expansive studio, complemented by a stage area, two additional rooms, and a full bathroom. The property also includes a full finished basement, adding significant square footage to the usable space. The basement features a second bathroom and a large kitchen area equipped with a commercial-grade stove and refrigerator. The building is equipped with modern amenities including natural gas forced air heat, central air conditioning, and high-speed internet access. The property also includes a church bell. Its versatile layout and ample space make it suitable for a wide range of uses, including, but not limited to, an antique mall, art studio, or consignment shop. Situated in Mecosta County, Michigan, with a zip code of 49340, this property offers a unique blend of character and modern convenience. The property is zoned for commercial use. The lot size is not specified.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.