Property summary
This exceptional owner-user opportunity presents a vacant 2,584 square foot storefront located at 118-122 E Third Street in Imlay City, Michigan. Built in 1890, this Class D retail property sits on a 0.11-acre lot and is zoned B-2 (Central Business), offering significant potential for a variety of commercial uses. The two-story building provides ample space for a ground-floor retail operation, with a second-story area ripe for redevelopment, potentially into an apartment or additional commercial space. The asking price is $150,000, translating to $58.02 per square foot. The property's historic charm and central location in downtown Imlay City, Michigan (zip code 48444), make it an attractive investment for both established businesses and entrepreneurs seeking a unique space. The property features one building and is currently vacant, allowing for immediate occupancy and customization to suit the buyer's specific needs. The APN is I19-60-300-000-00. This is a rare chance to acquire a piece of Imlay City's history and shape its future. Serious inquiries are encouraged to explore this exciting redevelopment opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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