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    OFF-MARKET
    Commercial real estate

    104 Main St, Waldron, MI 49288

    1,932 SF 0.06 ac lot Built 1900
    Individually Owned Free & Clear
    Property ID
    US43-2909374
    Property summary
    AI-generated overview

    This exceptional industrial property at 104 S Main, Waldron, MI, presents a unique blend of historical charm and modern functionality. Boasting a total of 4,242 square feet, the building offers ample space for a variety of commercial uses. The main level encompasses over 3,200 square feet of office space, ideal for a growing business. Five individual offices provide flexibility for different teams or departments. A dedicated break room adds convenience for employees. Adding to the practicality is a four-car attached garage, providing secure parking and additional storage. The lower level features an additional 1,000 square feet of basement space, perfect for storage or future expansion. A significant portion of the building dates back to the late 1800s, having served as Waldron's original bank. This rich history is evident in the stunning woodwork, a preserved vintage vault, and other charming period details. A substantial addition, constructed in 2001, seamlessly integrates modern amenities with the building's historical character. The property sits on a 0.12-acre lot in the heart of Waldron. The combination of historical significance, substantial square footage, and modern updates makes this property an exceptional value in Hillsdale County. The asking price is $184,900. This is a rare opportunity to own a piece of history while enjoying a functional and adaptable commercial space.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1900
    Total area 1,932 SF
    Lot 0.06 ac (2,657 SF)
    APN 17-065-001-018
    UPID US43-2909374
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    William Mccallister
    William Mccallister
    since 2026
    3 recorded transactions
    2026
    $9,500
    2020
    2016
    $9,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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