159 State St, Montrose, MI 48457
This exceptional Montrose, MI property offers a unique live/work opportunity. The 2,500 square foot industrial building sits on a 0.35-acre lot, providing ample space for both business operations and comfortable living. The property includes a three-bedroom, two-bathroom home, conveniently featuring a main floor bedroom and bathroom. A significant advantage is the expansive over six-car garage, partially heated and equipped with a half-bath. The garage boasts a 16-foot overhead door, large enough to accommodate a bus. Adding to the functionality is a heated office space with its own dedicated bathroom. The seamless integration of residential and commercial space allows for a convenient live-work lifestyle, eliminating commuting time. The property is located within the Montrose school district. This is a rare opportunity to own a versatile property that combines residential comfort with significant industrial potential. Priced at $189,000, this property represents an excellent investment. The property's size and features make it ideal for a variety of businesses and lifestyles. Don't miss this chance to own a unique and valuable property in a desirable location.
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Voorheis Signs (Bike/Boat/Book/etc) Store Printing Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.