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    Property profile & analytics
    FOR SALE
    Commercial real estate

    106 S Main St, Hersey, MI 49639

    0.08 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US43-3981419
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.08 ac (3,485 SF)
    APN 42 106 005 50
    UPID US43-3981419
    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
    STEVEN R ALDRICH
    STEVEN R ALDRICH
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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