1028 Main St Norway, MI 49870-1254
This exceptional 1,400 square foot industrial building is ideally situated on Main Street in Norway, Michigan, in the heart of the central Upper Peninsula. Currently operating as an antique and collectibles shop, this property presents a multitude of commercial possibilities for a discerning buyer. The building boasts a completely refurbished interior in like-new condition, offering a modern and functional space. A convenient main floor lavatory adds to the practicality of the layout. The full basement provides ample workshop and storage space, enhancing the property's versatility. Notable features include central air conditioning and impressive nine-foot ceilings throughout. The property sits on a 0.17-acre lot, providing sufficient space for operations and potential expansion. Much of the existing antique and collectibles inventory is available for purchase as part of the sale, presenting a unique opportunity for a turnkey business acquisition. This property is priced competitively at $130,000 and represents an excellent investment opportunity in a desirable location. The building's prime location on Main Street ensures high visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures. Don't miss this chance to own a meticulously maintained and well-positioned commercial property in the vibrant community of Norway, Michigan.
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Not Just Another Resale Shop Home Decor Store Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.