1301 16Th Ave Menominee, MI 49858
- Commercial real estate
- 0.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1301 16Th Ave
- Lot size
- 0.21 lot acres
- Zone code
- R1
- Property type
- Commercial real estate
- APN
- 051-020-930-00
- APU
- 5102093000
Description
This exceptional Menominee, MI commercial property, located at 1301 16TH AVENUE, presents a unique investment opportunity. Currently zoned C-1, the 1,248 square foot building sits on a 0.21-acre lot and offers a multitude of possibilities. A special use permit allows for residential or multi-family conversion, opening doors to a wide range of uses. The building features a convenient 1 1/2 bathrooms and ample parking. A full basement provides additional storage or expansion space. The exterior is maintenance-free, and the roof is new, minimizing ongoing upkeep costs. Priced affordably at $68,000, this property represents a significant value. Previously occupied by M & M Taxi, this location offers established visibility and potential for immediate occupancy. The combination of its commercial zoning, residential conversion potential, and low price point makes this an attractive proposition for both investors and owner-occupiers seeking a versatile and cost-effective space in a desirable location. Don't miss this chance to acquire a property with such significant upside potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Menominee
- County
- Menominee
- State
- Michigan
- Longitude
- -87.6187
- Latitude
- 45.1131
- CBSA code
- 31940
- CBSA name
- MARINETTE, WI-MI MICROPOLITAN STATISTICAL AREA
