124 Main St 3, Capac, MI 48014-3142
This exceptional 2,500 square foot industrial building, situated at 124 N MAIN in Capac, MI, presents a unique investment opportunity. Built in 1912 and extensively renovated in 1997, the property boasts two distinct units, offering flexibility for various uses. The front unit, previously an accounting firm, features a spacious waiting room (12 x 21.5 ft), a support staff office (10 x 16 ft), an additional office (10 x 12 ft) with attached file room (10 x 6 ft), an accessible bathroom (7 x 9 ft), and a second file room (7 x 9 ft). A convenient break area with countertop, sink, and refrigerator (9 x 11 ft) completes this space. Access is available from both the front and rear entrances. The rear unit, formerly a tanning spa, comprises five rooms ideal for tanning beds or other uses: four stand-up tanning rooms and one larger room. This unit also includes an accessible bathroom, a small counter with sink, and a stackable washer and dryer. The 0.11-acre lot provides street parking on Capac Rd and two dedicated parking spaces at the rear. The property is priced at $289,900, and the Village of Capac taxes are $421.00 annually. This versatile building offers potential for continued use as two separate rental units or complete customization to suit individual business needs. Don't miss this chance to own a piece of Capac's history.
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
Property description
Physical attributes from public recordsZoning & alternative use
VILLAGE · Capac, MICapac. Always verify with local authorities before improvements.
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.