130 Paw Paw St Lawrence, MI 49064
- Grocery and convenience stores
- 2,523 SF
- 0.10 lot acres
Current Use by Public Records
- Alternative Home Care / Home Health Care Service
Property Details for 130 Paw Paw St
- Year built
- 1900
- Lot size
- 0.10 lot acres
- Property size
- 2,523 SF
- Zone code
- VILLAGE
- Property type
- Grocery and convenience stores
- APN
- 80-44-107-006-00
- APU
- 804410700600
Description
This historically remodeled 2,523 square foot industrial building in downtown Lawrence, Michigan, presents a unique investment opportunity. The main level offers 1,450 square feet of retail space, ideal for a variety of businesses. Key features include a walk-in cooler, central air conditioning, ample off-street parking, and large windows providing excellent natural light. The building's strategic downtown location ensures high visibility and accessibility. The purchase price includes a completely remodeled upper level, currently generating income as a two-bedroom apartment with an existing tenant. This provides a significant advantage, offering both commercial and residential income streams. The 0.1-acre lot provides sufficient space for the building and parking. This property is perfect for an owner-operator seeking a blend of commercial and residential income or an investor looking for a strong return on investment in a thriving downtown area. The combination of a well-maintained commercial space and a consistently rented apartment makes this a truly attractive proposition. The building's historical charm combined with modern updates creates a unique and desirable property. Don't miss this chance to acquire a versatile and income-producing asset in a desirable Michigan location. The property is priced competitively at $165,000.
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
- Lawrence
- County
- Van Buren
- State
- Michigan
- Longitude
- -86.051
- Latitude
- 42.2199
- CBSA code
- 28020
- CBSA name
- KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA