15 Washington St Coldwater, MI 49036
- Commercial real estate
- 0.86 lot acres
Current Use by Public Records
- Infinisource Inc / Business Management Consultant
Property Details for 15 Washington St
- Lot size
- 0.86 lot acres
- Property type
- Commercial real estate
- APN
- 301-000-000-048-00
- APU
- 30100000004800
Description
The Roosevelt Building, located at 15 E Washington St, Coldwater, MI 49036, presents a unique investment opportunity. This multifamily and executive office building, built in 1923 and extensively renovated in 2001, boasts 45,271 square feet of space, priced at $3,000,000 ($66.27 per square foot). The property sits on a 2.17-acre lot and offers 130 on-site parking spaces, supplemented by an adjacent 158-space free municipal lot. Its permitted zoning is OS. The building's prime location offers walkability to Coldwater's downtown area. This property presents a compelling opportunity for various uses, including its current configuration as multifamily housing, or potential conversion to senior housing or self-storage. The building's history, combined with its recent renovations and ample parking, makes it an attractive investment in a thriving Michigan community. The APN is 301-000-000-048-00. This is a rare chance to acquire a substantial property in a desirable location with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coldwater
- County
- Branch
- State
- Michigan
- Longitude
- -85.0003
- Latitude
- 41.9381
- CBSA code
- 17740
- CBSA name
- COLDWATER, MI MICROPOLITAN STATISTICAL AREA
