100 N Main St, Munith, MI 49259
For Sale
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This exceptional industrial property, located at 100 N Main Street in Munith, Michigan, presents a unique investment opportunity. The 1,500 square foot building, formerly the Munith Market, sits on a 0.22-acre lot and offers significant potential for redevelopment or repurposing. Its strategic location benefits from proximity to the bustling M-106 highway, ensuring excellent accessibility and visibility. A key advantage is the property's adjacency to the popular 34-mile Rail-Trail, which opened in 1994 and has since become a significant draw for local businesses and tourism. The trail's resurgence has revitalized the area, mirroring the historical impact of the Grand Trunk Railroad in 1884. This sale is particularly attractive due to the inclusion of two adjacent parcels, identified as ID #088-04-13-234-004-00 and ID #088-04-13-234-006-00, expanding the overall property size and development possibilities. The property is priced at $110,000 and is ready for an ambitious buyer to transform it into a thriving enterprise. This is a chance to capitalize on a prime location with a rich history and a bright future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
COM DIS · Munith, MIMunith. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.