137 N Main St Plainwell, MI 49080
Property profile & analytics
137 N Main St Plainwell, MI 49080
- Turn key restaurants
- 4,136 SF
- 0.05 lot acres
Property ID
US43-2464156
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Bloom Eatery / Restaurant
Property Details for 137 N Main St
- Lot size
- 0.05 lot acres
- Property size
- 4,136 SF
- Property type
- Turn key restaurants
- APN
- 55-160-013-00
- APU
- 5516001300
Description
This exceptional 4,136 square foot commercial building presents a prime investment opportunity in the heart of vibrant Downtown Plainwell, Michigan. Situated on a 0.05-acre lot at 137 N Main Street, this property offers a unique blend of commercial and residential space. The main floor, previously a restaurant, is currently vacant and ready for immediate occupancy. It features a fully equipped commercial kitchen, complete with a walk-in cooler, and two restrooms, making it perfectly suited for a variety of uses, including restaurants, retail shops, or office spaces. The layout is spacious and adaptable, allowing for customization to meet the needs of a new business. Upstairs, a desirable three-bedroom, two-bathroom apartment provides a significant income stream. Currently leased at $1,500 per month, this modern apartment boasts in-unit laundry facilities and a dedicated office space, offering comfortable and convenient living. The apartment's consistent rental income provides a strong foundation for your investment, while the vacant commercial space offers the potential for substantial growth and return. This property represents a rare chance to acquire a well-located, versatile building in a thriving downtown area, offering both immediate income and significant long-term potential. The combination of a prime location, existing infrastructure, and the potential for diverse uses makes this an exceptional opportunity for savvy investors. The asking price is $249,900.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Plainwell
- County
- Allegan
- State
- Michigan
- Longitude
- -85.6422
- Latitude
- 42.4434
- CBSA code
- 26090
- CBSA name
- HOLLAND, MI MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,484
$2,300
$88,700
$91,000
-
$4,600
$177,400
$182,000
