149 St Clair St Romeo, MI 48065
This stunning, historic commercial building, constructed in 1856 and extensively renovated in 2014, presents a unique investment opportunity in Romeo, Michigan's vibrant Central Business District. The 2,224 square foot building features nine spacious rooms, abundant natural light, one full bathroom and two half bathrooms, and a welcoming lobby. Its prime location offers a significant advantage: a private parking lot with five spaces, including handicap accessibility, a rare commodity in this area. The building's permitted zoning within the Central Business District allows for diverse uses, including creative office, storefront, and traditional office spaces. The two-story structure seamlessly blends historical charm with modern functionality, making it ideal for a variety of businesses. This property offers a compelling blend of historical significance, modern amenities, and a highly desirable location. The asking price is $425,000. Don't miss this chance to own a piece of Romeo's rich history and thriving commercial landscape.
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
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Property description
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No recorded transactions found for this property.
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