1171 M 89 Plainwell, MI 49080-1172
This exceptional 0.45-acre industrial property in Plainwell, Michigan, presents a unique investment opportunity. Situated at the entrance to a Meijer supermarket and adjacent to a Starbucks and T-Mobile, this high-traffic location boasts unparalleled visibility and accessibility. The 6,120-square-foot building is available for purchase, offering significant potential for various commercial uses. Importantly, the existing business operating within the building is not included in the sale, providing flexibility for the new owner. A key feature is the inclusion of 1,130 square feet of ground-floor retail/office space, ideal for a variety of businesses. An optional second-floor storage area is also available, adding to the property's versatility. Note that the retail/office space is only available for lease if the entire building is purchased. This property represents a rare chance to acquire a well-positioned industrial site in a thriving commercial area, offering immediate access to a major highway (US-131) and surrounded by established national brands. The combination of high visibility, ample space, and strategic location makes this an attractive proposition for discerning investors and businesses seeking a prime location in Plainwell.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.