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Property profile & analytics
OFF-MARKET
Commercial real estate

141 Main St Gregory, MI 48137-9592

384 SF 0.06 ac lot Built 1970
Individually Owned 1-yr Hold Free & Clear
Property ID
US43-5193256
Property summary
AI-generated overview

This charming, 384-square-foot retail building is located at 141 Main Street in Gregory, Michigan, 48137. Previously a salon, it features two hair washing stations and a restroom. The property includes convenient adjacent parking and is connected to city sewer and well water. Priced at $45,000 ($117.19/sq ft), this fee-simple, single-story building offers versatile space ideal for a variety of uses, including a salon, office, or small restaurant. Its location in the heart of Gregory provides excellent visibility and accessibility within a close-knit community. The building sits on a single lot, offering a single unit in a single building. This presents a unique opportunity for entrepreneurs seeking a well-situated space to establish their business in a thriving small town east of Stockbridge and north of Chelsea. The property's flexible layout and convenient amenities make it an attractive investment for those seeking a turnkey operation or a space to customize to their specific needs. Don't miss this chance to own a piece of Gregory's Main Street.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Total area 384 SF
Lot 0.06 ac (2,396 SF)
APN 13-22-301-031
UPID US43-5193256
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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by Request
Owner & transaction history
Klutch Software Incorporated · 1 yrs held
Klutch Software Incorporated
since 2024
3 recorded transactions
2024
Price N/A
2022
$60,000
2005
$40,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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