W8555 M95 Carbis Rd Sagola, MI 49881
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.
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
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.