Property summary
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.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight