113 Main St, Ovid, MI 48866-5122
This exceptional commercial property, located at 113 S Main St in Ovid, Michigan, presents a remarkable investment opportunity. The building, constructed in 1870, boasts a substantial 2,924 square feet of space spread across two stories, situated on a 0.06-acre lot. Currently vacant, this storefront offers immense flexibility for a variety of uses, including medical offices, salons, or personal service businesses. The main floor provides ample space for retail or office use, while the second floor offers flexible space adaptable to various needs. A large, dry basement provides significant storage capacity. The property's asking price is $139,000, translating to $47.54 per square foot. The property's APN is 580-000-018-012-00. Its location in Ovid, Clinton County, MI, 48866, offers excellent visibility and accessibility. This is a rare chance to acquire a substantial commercial building with significant potential in a desirable location. The property is listed as a modified lease type. The building's size and layout make it ideal for a variety of commercial ventures. Don't miss this opportunity to own a piece of Ovid's commercial landscape.
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main bar & grill Bar & Pub
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
B-1 · Ovid, MIOvid. Always verify with local authorities before improvements.
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.