Property summary
This exceptional investment opportunity presents a 2,415 square foot, two-unit building situated on a 0.04-acre lot in the heart of downtown Montrose, Michigan. The property features a fully equipped storefront, perfectly set up for immediate operation as a pizza restaurant. All necessary equipment is included, encompassing a large Hobart mixer, a Vulcan oven, ample refrigeration (coolers), sinks, countertops, and a cash register – everything needed to begin serving customers immediately. The second unit is a nicely updated two-bedroom apartment, providing additional income potential through rental. This apartment could serve as living quarters for the business owner or generate rental income, offering immediate financial returns. The building's prime downtown location ensures high visibility and accessibility, maximizing its potential for success. Priced at $74,900, this property represents a rare chance to acquire a turnkey business and residential space in a thriving community. The combination of a ready-to-operate pizza shop and a rentable apartment makes this an attractive proposition for both entrepreneurs and investors seeking a strong return on investment. Don't miss this chance to take control of your financial future. This property is priced to sell and ready for immediate occupancy and profitability.
Property profile
VerifiedCap rate & NOI
Current use
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Specialty Food Shop Candy Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2019Property 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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