119 Main St Spring Arbor, MI 49283-9669
4.4.2 General Commercial District (C-2): This district is intended to encourage planned and integrated groups of retail, service, and administrative establishments which will retail convenience and comparison goods and provide personal and professional services for the entire area and to accommodate com- mercial establishments which cannot be practically pro…
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Spring Arbor, MI4.4.2 General Commercial District (C-2): This district is intended to encourage planned and integrated groups of retail, service, and administrative establishments which will retail convenience and comparison goods and provide personal and professional services for the entire area and to accommodate com- mercial establishments which cannot be practically provided in a neighborhood commer- cial area. A. Permitted Uses: 1. Any use permitted in the Local Commercial District. 2. Business schools; including dance schools, music schools, and art schools. 3. Indoor retail sales establishments. 4. Indoor commercial amusement and recreation services, including theaters, bowling alleys, and roller and ice skating rinks. 5. Eating and drinking establishments, but not including drive-in types. 6. Clubs and lodges.
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.
