106 S Main St, Hersey, MI 49639
For Sale
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This exceptional business opportunity presents a 1,100 square foot building situated on a 0.08-acre lot at 106 S Main in Hersey, Michigan. Priced at $55,000, this property offers significant potential for a variety of business ventures. Its central Hersey location ensures high visibility and accessibility. While the building requires some tender loving care, it boasts considerable upside. Included in the sale are existing shelving units, ideal for retail or storage applications. Currently, the building lacks electricity, presenting an opportunity for customization to suit specific business needs. The roof is rubber, offering durability and longevity. Convenient rear parking is available for customers and employees. The building's history includes use as both office space and a storefront, demonstrating its adaptability to diverse business models. This is a rare chance to acquire a well-positioned property in a thriving community, ready for a new owner to bring their vision to life. The property's existing infrastructure, combined with its prime location, makes it an attractive investment for entrepreneurs seeking a foothold in the Hersey market.
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
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.