427 Main StLowell, MI 49331

Property Details for 427 Main St

Year built

1955

Lot size

0.20 AC

Property size (Sq ft)

1,188 SF

Zone code

C2

Property type

Other commercial real estate

APN

41-20-02-427-008

APU

412002427008

Description

This 1,188 square foot industrial building is situated on a 0.2-acre corner lot in the thriving downtown Lowell, Michigan. Boasting excellent visibility from Main Street, this property presents a unique investment opportunity. Currently leased to a tenant willing to remain, providing immediate and consistent cash flow. The building is well-maintained and offers ample parking for customers and employees. A key feature is the presence of two overhead drive-in doors, currently covered but easily reopened to suit a variety of operational needs. This versatility makes the property ideal for a range of uses, including retail or office space. The building's location in a rapidly growing area of West Michigan ensures strong potential for future appreciation. The asking price of $225,000 represents a compelling entry point into the Lowell commercial real estate market. This property offers a blend of immediate income generation and long-term growth potential, making it an attractive investment for discerning buyers. Serious inquiries are encouraged to explore this exceptional opportunity further.

• Alternative Use

  Use

  Valuation

  Residential

  $85,066

  Hospitality

  $77,920

  Educational

  $64,829

  Medical

  $67,058

  Retail

  $100,845

Location Insight

City

Lowell

County

Kent

State

Michigan

Latitude

42.9353

Longitude

-85.3346

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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