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    1605 Bookness St Midland, MI 48640
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    Property profile & analytics

    1605 Bookness St Midland, MI 48640


    • Retail properties & Spaces
    • 2,488 SF
    • 0.54 lot acres
    Profitable Business in Midland, MI For Sale
    $200,000
    2,488 SF

    Profitable Business in Midland, MI

    Established business opportunity with a long history and loyal clientele.

    1605 BOOKNESS, Midland, MI 48640
    View Listing
    Property ID
    US43-2144956
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lapelle's Flowers & Gifts / (Bike/Boat/Book/etc) Store / Florist

    Property Details for 1605 Bookness St

    Year built
    1936
    Lot size
    0.54 lot acres
    Property size
    2,488 SF
    Zone code
    RA4
    Property type
    Retail properties & Spaces
    APN
    14-16-70-552
    APU
    141670552

    Description

    This exceptional industrial property located at 1605 BOOKNESS, Midland, MI, presents a unique investment opportunity. Spanning 2,488 square feet on a 0.53-acre lot, the building is in excellent condition and has served as a thriving business for over a century. The current operation boasts a strong client base and consistent profitability, making it an attractive prospect for a buyer seeking an established enterprise. The business employs part-time staff skilled in decorative arts, contributing to its success. The sale includes the building and existing business operations. A significant inventory valued between $15,000 and $25,000 is also included in the sale price of $200,000. This represents a substantial asset beyond the real estate itself. The property's long history of success, coupled with its current operational efficiency and strong client relationships, positions it for continued growth and profitability under new ownership. This is a rare opportunity to acquire a well-established, profitable business with a solid physical asset in a desirable Midland location. The building's excellent condition minimizes immediate capital expenditure needs, allowing for a swift transition and immediate return on investment. Serious inquiries are encouraged.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.2461
    Latitude
    43.6223
    CBSA code
    33220
    CBSA name
    MIDLAND, MI MICROPOLITAN 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
    2022
    $2,167
    $0.00
    $0.00
    $101,400
    -
    $0.00
    $0.00
    $202,800
    View Listing
    More about this property
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