136 Main St, Morenci, MI 49256
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.
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
Similar Nearby for Sale
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.