Property profile

136 Main St Morenci, MI 49256

OFF-MARKET
Industrial properties
10,920 SF 0.33 ac lot Built 1950
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 10,920 square foot industrial property located at 136 W Main, Morenci, MI, presents a unique investment opportunity. Situated on a 0.33-acre lot, this building previously housed a successful bowling alley and restaurant, offering immense potential for a variety of uses. The existing infrastructure includes ten bowling lanes, providing a solid foundation for a revitalized entertainment venue. The substantial square footage allows for expansion and diversification, with ample space to incorporate additional amenities such as a bar, arcade, pro shop, or expanded dining area. The property's history as a popular community gathering spot suggests strong potential for future success. The asking price is $125,000, representing a significant value for a property of this size and potential in the thriving Morenci market. This is an exceptional chance to acquire a piece of Morenci's history and shape its future. The property's versatile layout and prime location make it ideal for an entrepreneur seeking a unique business venture or an investor looking for a high-return opportunity. The building's solid construction and ample space offer flexibility for a wide range of uses, ensuring a strong return on investment. Don't miss this chance to own a piece of Morenci's vibrant community.

Property profile

Verified
Property type Industrial properties
Year built 1950
Total area 10,920 SF
Lot 0.33 ac (14,375 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bowling Alley

Location

136 Main St Morenci, MI 49256
Morenci metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 136 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message