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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1380 Main St, Edmore, MI 48829-8413

    2.13 ac lot
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-5214939
    Property summary
    AI-generated overview

    This exceptional Edmore, MI property offers 25,294 square feet of versatile commercial space on a 2.13-acre lot. Currently, a portion of the building houses a fully operational, 10-bed Adult Foster Care (AFC) home encompassing 6,879 square feet. This remodeled section includes central nursing stations, a lobby, activity areas, and office spaces. Connected to this is a sizable former hospital and therapy center, currently vacant, featuring extra-wide hallways, automatic doors, a physical therapy pool, a lead-lined x-ray room, exam rooms, nurse stations, and lobbies. Existing vacuum and oxygen plumbing requires professional inspection and potential repair. This area presents a significant opportunity to expand the existing AFC home or create additional healthcare facilities. The remaining space, previously used for warehouse and storage, is currently leased month-to-month to a church. The property's location in a desirable commercial area ensures excellent visibility and accessibility. Its adaptable layout makes it suitable for a wide range of uses, including (but not limited to) expansion of the AFC home, urgent care, hospital, animal hospital, dental office, church, retail, or warehouse space. The possibilities are extensive, allowing for the addition of bedrooms, recreational areas, or other supplementary facilities. This property presents a unique investment opportunity with significant potential for growth and diverse applications. The asking price is $895,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 2.13 ac (92,826 SF)
    Zoning code COMMERCIAL
    APN 041-628-016-00
    UPID US43-5214939
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Tranquility AFC Home LLC Nursing Home
    • Dr. Ashok R. Sonnad, MD Physician
    • Lake Shore Spine And Pain Pc Medical Clinic
    • Vicki's Flowers LLC (Bike/Boat/Book/etc) Store Florist
    • 46 Fit Club Gym & Fitness Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Tranquility Afc Home LLC · 4 yrs held
    Tranquility Afc Home LLC
    since 2021
    2 recorded transactions
    2021
    2006
    Zoning & alternative use
    COMMERCIAL · Edmore, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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