7036 Atwater Dr, Ruth, MI 48470
This exceptional investment opportunity in Ruth, Michigan, presents a 2,592 square foot warehouse building situated on two irregular lots totaling more than just the warehouse footprint. Currently utilized for storage, the warehouse features five large rolling barn doors providing access to five partially separated bays, ideal for various uses. The property is zoned industrial and is subject only to Sherman Township taxes. A unique aspect of this offering is that a portion of the land extends across Atwater Drive (also known as Railroad Street). The sale includes both parcels. Beyond the existing warehouse, significant undeveloped land offers substantial potential for expansion or development to suit a wide range of commercial or industrial needs. This property is perfect for those seeking a workshop, ample storage space, or a blank canvas for a new project. Note that an adjacent property featuring a 3,122 square foot commercial building is also available for purchase separately, presenting an opportunity to acquire a larger, integrated complex. Located in the town of Ruth, this property offers a blend of existing infrastructure and significant development potential at an attractive price point of $43,900. The property's address is 7036 Atwater Drive, Ruth, MI 48470.
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.