13 9th St Gladstone, MI 49837-1642
This expansive 5,720 sq ft industrial property in downtown Gladstone, MI presents a compelling investment opportunity. Previously a body shop, the versatile layout is adaptable to various businesses. The property's potential for division into two rental units maximizes income generation. A large 1,500+ sq ft street-facing storefront, featuring two dressing rooms, a half bath, and air conditioning, is ideal for retail or office use. A substantial storage room and former paint room offer additional utility. The attic provides further storage potential. A breakroom and reception area cater to employee and customer needs. The expansive shop area boasts thick concrete floors, capable of supporting heavy vehicles, and includes an overhead door. Heating is provided by a Modine heater and ceiling radiant heaters. A 284 sq ft ventilated paint spray booth is suitable for automotive or industrial applications. A partial basement houses an air compressor. Ample parking is available in the alley. This 0.27-acre property benefits from excellent visibility and accessibility in the vibrant downtown Gladstone area, making it a prime location for diverse commercial ventures. This property offers the space and flexibility to achieve significant business or investment goals.
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
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.