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Property profile & analytics

1605 Bookness St Midland, MI 48640

  • Retail properties
  • 2,488 SF
  • 0.54 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
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.

Current Use by Public Records

  • Lapelle's Flowers & Gifts / Florist / Flower Delivery

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
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
More about this property
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