Property profile

101 MCKAY ST Saline, MI 48176

OFF-MARKET
Commercial (General)
Property ID
US43-1368163
2,906 SF 0.38 ac lot Built 1920
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Property summary

AI-generated overview

The property is a six-unit multi-family building located in downtown Saline on an oversized 0.38-acre lot. Each unit contains one bedroom and one full bathroom, with updates throughout the units. Common in-unit features include a refrigerator and a range/oven; several units also include a microwave, and at least one unit has a window AC unit. The building has a current Certificate of Occupancy and provides front and rear porches, along with ample parking. It is zoned D2 (Downtown Support District), which allows mixed-use development, including residential, office, and commercial uses, and the parcel supports the addition of a second structure and/or expansion; multiple parcels may be assembled to create a larger development site. Documented improvements include a new foundation wall, and the property is within walking distance of downtown Saline shops and restaurants.

Property profile

Verified
Property type Commercial (General)
Year built 1920
Total area 2,906 SF
Lot 0.38 ac (16,379 SF)
APN 18-18-01-126-020
UPID US43-1368163

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

101 MCKAY ST Saline, MI 48176
Saline metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$620,000
4 recorded transactions
2025
Price N/A
2025
$620,000
2020
$352,000
2020
$300,000
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