Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

153 Main St Gregory, MI 48137-9592

  • Commercial real estate
  • 6,598 SF
  • 0.39 lot acres
OFF-MARKET
Value Estimation
$645,000
Last Sale
Mar 22, 2021
$600,000
Location Intelligence
Property ID
US43-1401406
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.

Current Use by Public Records

  • Gregory Market / Grocery Store / Supermarket
  • ATM / Atm
  • Cash2Bitcoin ATM / Atm

Property Details for 153 Main St

Year built
1940
Lot size
0.39 lot acres
Property size
6,598 SF
Property type
Commercial real estate
APN
13-22-301-040
APU
1322301040

Description

This exceptional 6,598 square foot industrial property, located at 153 MAIN in the heart of downtown Gregory, Michigan, presents a unique investment opportunity. Currently operating as a thriving market and convenience store, this business boasts a valuable liquor license, significantly enhancing its profitability. The property sits on a 0.39-acre lot, offering ample space for operations and potential expansion. Its strategic corner location provides excellent visibility and accessibility, ensuring high foot traffic and customer convenience. The property is zoned B-1 Local Business District, allowing for a variety of commercial uses. This is a turnkey operation with significant upside potential. Note that additional adjacent land is available for purchase, offering the possibility of further development or expansion of the existing business. The property's prime location and existing business make it an attractive investment for both seasoned entrepreneurs and new business owners looking to establish a presence in a vibrant downtown area. The asking price is $849,900. Serious inquiries only. Further details are available upon request. This is a rare opportunity to acquire a well-established business with significant growth potential in a desirable location. Don't miss out on this exceptional offering.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $675,000
  • CAP approach

    CAP return
    Estimation
    6%
    $645,000
    6.5%
    $645,000
    7%
    $635,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $540,000
    Geo Method
    $620,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $595,000
    Retail
    $635,000
    Mixed-Use
    $655,000
    Hospitality
    $600,000
    Educational
    $510,000
    Residential Income
    $650,000
    Energy
    $575,000
    Income-Based Land
    $695,000
    Food Service
    $665,000

Location Insight

  • Map
  • Local Demand
City
Gregory
County
Livingston
State
Michigan
Longitude
-84.0839
Latitude
42.4597
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN 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
2021
$6,551
$0.00
$0.00
$204,200
-
$0.00
$0.00
$408,400
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message