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    OFF-MARKET
    Office buildings

    120 Main St, Fennville, MI 49408-8490

    8,254 SF 0.14 ac lot Built 1880
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US43-2315264
    Property summary
    AI-generated overview

    This exceptional 8,254 square foot industrial property, situated on a 0.14-acre lot at 120 E Main in Fennville, Michigan, presents a unique investment opportunity. Located in the heart of downtown Fennville, this historic building benefits from its central position within a vibrant community experiencing significant growth in agritourism and the arts. The property currently houses a successful and established coffee house and cafe, complete with all kitchen equipment, ample outdoor seating on both front and back patios, and a valuable Class C liquor license. This turnkey operation provides immediate income potential and a strong foundation for continued success. Adding to the property's versatility, two sizable residential apartments occupy the upper level, offering additional revenue streams and potential for future expansion or rental income. The building's prime location within Fennville's thriving downtown, surrounded by wineries, vineyards, orchards, and farms, ensures high visibility and consistent foot traffic. This multi-use property offers a rare blend of commercial and residential income potential, making it an ideal investment for discerning buyers seeking a well-established business with significant upside. The property's historic character and central location within a rapidly growing area combine to create a truly exceptional investment opportunity. The sale includes all existing kitchen equipment and the Class C liquor license.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1880
    Total area 8,254 SF
    Lot 0.14 ac (5,924 SF)
    APN 52-200-019-00
    UPID US43-2315264
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Root Cafe - Fennville Restaurant
    • Farm Bureau Insurance Insurance Agency
    • Fernwood 1891 Art Gallery
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Fenncentric LLC · 10 yrs held
    Fenncentric LLC
    since 2016
    2 recorded transactions
    2016
    2014
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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