111 Chicago Blvd Morenci, MI 49256
This exceptional three-story commercial property, formerly a Jr's Restaurant, presents a unique investment opportunity in the vibrant town of Morenci, Michigan. Located at 111 W Chicago Blvd, this single-tenant building boasts a generous 3,120 square feet of space, all currently vacant and ready for immediate occupancy. The property sits on a 0.098-acre lot and is zoned HS (Highway Service District), making it ideally suited for a variety of retail or restaurant uses. Its prominent location offers excellent visibility and accessibility for potential businesses. The building's three stories provide ample space for diverse layouts and configurations, catering to a range of operational needs. The building's previous use as a restaurant suggests existing infrastructure that could be easily adapted for a similar business or repurposed for other retail ventures. With its strategic location in Lenawee County and convenient access to major roadways, this property offers significant potential for growth and profitability. The property is situated in Morenci, MI, zip code 49256, and is ready for a new owner to bring their vision to life. Serious inquiries are encouraged to explore the possibilities of this remarkable commercial space.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.