Property summary
This exceptional business opportunity presents a substantial brick building encompassing over 29,957 square feet situated on a generous 8.71-acre lot in Buchanan, Michigan. The property's history includes prior use as a hospital, though it has been vacant for an unspecified period. The building's current condition is unknown, and potential buyers should be prepared to conduct their own due diligence. Given the property's size and location, it offers significant redevelopment potential for a variety of commercial uses. The sale is strictly cash only, reflecting the "as-is" condition of the property. No information regarding the building's history or internal systems is available from the current owners. Prospective buyers are strongly encouraged to conduct thorough inspections and assessments to determine the feasibility of their intended use and to account for any necessary renovations or repairs. The expansive acreage provides ample space for expansion, parking, or outdoor operations. This presents a unique chance to acquire a large-scale property in a desirable location at a compelling price point. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-RA · Buchanan, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-RA in Buchanan, MI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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