149 W Saint Clair St, Romeo, MI 48065
For Sale
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This stunning 2,224 square foot industrial building, constructed in 1856 and extensively remodeled within the last decade, presents a unique investment opportunity in Romeo, MI. Located in the heart of the central business district, this property offers a rare combination of historic charm and modern functionality. The building features nine generously sized rooms, providing ample space for a variety of uses. Natural light floods the interior, creating a bright and welcoming atmosphere. Bathroom facilities include one full bathroom and two half bathrooms, catering to the needs of both employees and clients. A key advantage in this area, where parking is limited, is the inclusion of a private parking lot with five spaces. Accessibility is further enhanced by a handicap-accessible ramp leading into the building. Situated on a 0.12-acre lot, this property is ideally positioned to capitalize on the vibrant commercial activity of Romeo's central business district. The asking price for this exceptional property is $425,000. This is a rare chance to acquire a meticulously maintained historic building with modern amenities in a highly desirable location. The building's blend of historical character and contemporary updates makes it an ideal space for a variety of businesses seeking a unique and functional workspace.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
VILLAGE · Romeo, MIRomeo. Always verify with local authorities before improvements.
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.