127 Main St, Middleville, MI 49333-8250
This exceptional 2,280 square foot industrial building presents a prime investment opportunity in the heart of Middleville, Michigan. Situated on a 0.06-acre lot at 127 E Main Street, this property offers significant flexibility and potential for diverse uses. Currently configured as two units, the building's layout allows for expansion to four units, catering to a variety of business needs. The property has received approval for multiple mixed-use designations, opening doors to creative development strategies. The possibility of incorporating residential units adds another layer of potential revenue streams. The building is completely vacant and ready for immediate occupancy, allowing new owners to customize the space to perfectly match their vision. Furthermore, the property is eligible for Downtown Development Authority (DDA) grants, potentially covering exterior facade upgrades, enhancing curb appeal and property value. This presents a unique chance to acquire a well-located, adaptable commercial space with significant upside potential in a thriving downtown area. The asking price is $249,900. Don't miss this chance to own a piece of Middleville's vibrant commercial landscape. The property's versatility and potential for growth make it an attractive investment for both seasoned developers and first-time buyers. Act quickly to secure this exceptional opportunity.
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Newmyer Eldon DC Alternative Medicine Practice
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
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.