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Property profile & analytics
OFF-MARKET
Industrial properties

W8555 M95 Carbis Rd Sagola, MI 49881

1,000 SF 0.49 ac lot Built 1930
Property ID
Property summary
AI-generated overview

This 1,000 sq ft industrial building in Sagola, MI, offers a unique investment opportunity. Located on a 0.49-acre lot, this historic community hall boasts beautiful hardwood floors and newer windows, letting in ample natural light. The roof is approximately 10 years old, and a one-year-old furnace ensures efficient heating. The building includes a half bath and a galley kitchen, needing some updating. Its history includes hosting weddings, showers, and other community events. The property benefits from its proximity to a gas station, restaurant, and convenience store. An easement provides access for neighboring homeowners. This property presents a chance to revitalize a piece of local history, transforming it into a new gathering space or unique business venture. The building's character and potential, combined with its convenient location, make it an attractive proposition. The spacious lot allows for potential expansion or outdoor use.

Property profile
Verified
Property type Industrial properties
Year built 1930
Total area 1,000 SF
Lot 0.49 ac (21,344 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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