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Property profile & analytics
OFF-MARKET
Industrial properties

Morenci, MI 49256

854 SF 0.07 ac lot Built 1983
Property ID
Property summary
AI-generated overview

This exceptional 854-square-foot industrial property, located at 205 North in Morenci, Michigan, presents a unique investment opportunity. Situated just one block north of the downtown area, this charming brick building offers a blend of historical character and modern adaptability. The 0.07-acre lot provides ample space for potential expansion or outdoor use, depending on the intended purpose. The building's versatile interior layout allows for a wide range of commercial uses. Imagine transforming this space into a thriving medical practice, a vibrant retail establishment such as a flower shop or hair salon, a cozy cafГ© or deli, or a sophisticated professional office. The possibilities are truly endless. The building's solid brick construction ensures durability and longevity, making it an ideal investment for both established businesses seeking a new location and entrepreneurs looking to launch their ventures. Its prime location offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and clients. Priced competitively at $90,000, this property represents an exceptional value in the Morenci market. Don't miss this chance to acquire a piece of Morenci's history and shape its future. Contact us today to schedule a viewing and explore the potential of this remarkable property.

Property profile
Verified
Property type Industrial properties
Year built 1983
Total area 854 SF
Lot 0.07 ac (3,049 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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