13910 M 40Gobles, MI 49055

Property Details for 13910 M 40

Year built

1978

Lot size

1.37 AC

Property size (Sq ft)

2,184 SF

Zone code

NONE

Property type

Office properties

Property subtype

Office buildings

APN

80-05-024-011-00

APU

800502401100

Description

This exceptional 3,200 square foot commercial/mixed-use/residential property presents a rare opportunity in Gobles, Michigan. Situated on a spacious 1.6-acre lot within Bloomingdale Township and served by Gobles Schools, this versatile building offers immense potential for a variety of uses. Previously utilized as a dental office, hair salon, and retail space, the property's adaptability is further enhanced by the township's current lack of zoning restrictions. Imagine the possibilities – live and work in the same location, create a thriving mixed-use space, or continue its use as a commercial enterprise. The lower level features ample daylight windows, providing a bright and welcoming atmosphere. Recent updates (2023) significantly enhance the property's value and functionality, including new windows, a completely renovated kitchen equipped with a range, refrigerator, dishwasher, and microwave, as well as new washer, dryer, furnace, tankless water heater, and bathrooms. High-speed internet access is already in place. This property is being offered at $249,988. All information should be independently verified by the buyer.

• CAP approach

  CAP return

  Valuation

  6%

  $280,308

  6.5%

  $258,746

  7%

  $240,264

• Comparable approach

  Method

  Valuation

  Relative Method

  $284,466

  Geo Method

  $284,466

• Alternative Use

  Use

  Valuation

  Residential

  $320,845

  Hospitality

  $293,892

  Educational

  $244,515

  Medical

  $252,924

  Retail

  $380,357

Location Insight

City

Gobles

County

Van Buren

State

Michigan

Latitude

42.3684

Longitude

-85.8799

CBSA code

28020

CBSA name

KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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