Individually Owned 
For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
COM DIS · Munith, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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