115 Stone Rd Fremont, MI 49412-1475
This exceptional Class A bank building in Fremont, Michigan, presents a unique investment opportunity. Situated on a desirable 1.68-acre lot at 115 S Stone Rd, this 4,655 square foot property boasts excellent visibility and ample parking. Built in 2008, the building features attractive landscaping and heated sidewalks, reflecting its high-quality construction. The C-2 (Urban Commercial) zoning allows for diverse uses, including banking, medical, or professional office space. Its location offers convenient proximity to the hospital, Gerber, and the local high school. The asking price is $675,000, representing a significant discount compared to replacement cost. A compelling aspect of this offering is the owner's provision of a negotiable one-year leaseback at $12 per square foot ($4,655 per month, $55,860 annually), allowing for a smooth transition. The current business will remain operational during this period. This property is one of the finest buildings in Fremont and presents a rare chance to acquire a premium commercial space in a thriving community.
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Compass Credit Union Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LOCAL ZONE · Fremont, MIFremont. Always verify with local authorities before improvements.
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.