111 Main St Hopkins, MI 49328-9575
This expansive 7,580 square foot industrial building, located at 111 W Main Street in Hopkins, Michigan, presents a remarkable opportunity for a variety of commercial ventures. Situated on a 0.46-acre lot, this property offers significant flexibility for businesses seeking ample space. The building's generous size is ideal for a wide range of uses, from retail establishments and restaurants to warehousing and storage facilities. The asking price for the building is $350,000. This represents a significant value for a property of this size and location in Hopkins. The building's existing structure provides a solid foundation for immediate occupancy or extensive renovation, allowing future owners to customize the space to perfectly meet their specific business needs. The property's location in Hopkins offers convenient access to local amenities and transportation routes, making it an attractive option for businesses seeking a strategic location. This is a rare opportunity to acquire a substantial commercial property in a desirable location at a competitive price. Serious inquiries are encouraged to explore the possibilities this property offers. Note that a separate listing (111A W. Main St) is also available, which includes an existing business and building for $400,000.
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Piki's Cafe Cafe & Coffee Shop
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Piki's Café and Torta Shop Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
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.