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    OFF-MARKET
    Industrial properties

    159 State St, Montrose, MI 48457

    2,500 SF 0.35 ac lot Built 1919
    Property ID
    US43-0872728
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1919
    Total area 2,500 SF
    Lot 0.35 ac (15,246 SF)
    UPID US43-0872728
    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
    Current use
    Occupant on record · Public records
    • Voorheis Signs (Bike/Boat/Book/etc) Store Printing Service
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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