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Property summary
This exceptional commercial property at 114 N Putnam Street, Unit 114, in Williamston, MI, presents a unique investment opportunity. Spanning 1,080 square feet on a 0.1-acre lot, this newly transformed building offers two versatile units, perfect for a variety of business uses. All groundwork is complete, including surveys, a custom architectural design, and raised utility wires to accommodate a second-story unit, providing significant potential for expansion or rental income. The property… boasts a solar-ready roofline, allowing for future energy savings and sustainability. The unfinished interiors provide a blank canvas for customization, allowing buyers to create a space perfectly tailored to their business needs. A rare feature for downtown Williamston is the inclusion of a private parking space, offering convenient access and additional flexibility. Situated in the heart of downtown, this property enjoys a prime location just steps from McCormick Park and the Red Cedar River, providing scenic views and proximity to local amenities, including restaurants, shops, and entertainment venues. This is an unparalleled chance to establish a thriving business in a vibrant and desirable community. The asking price is $225,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2019
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 8 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,076 SF
- Lot area
- 0.01 ac
- Year built
- 1900
- Stories
- 2
- APN
- 33-18-03-35-479-017
- Zoning
- C-1
- Assessed value · 2023
- $42,200
- Annual tax · 2019
- $1,868
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2019
- $1,868
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Williamston market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Section 74-2.306 C-1 Central Business District STATEMENT OF PURPOSE The C-1 Central Business District is intended to permit a variety of commercial, administrative, financial, civic, cultural, residential, entertainment,…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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- Value Estimation
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- Alternative use
- Local Zoning Insight
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