161 Hancock St Pentwater, MI 49449-8931
This exceptional commercial property, located at 161 S Hancock Street in the vibrant Village of Pentwater, Michigan, presents a compelling investment opportunity. Priced at $349,000, this retail building sits on a 0.05-acre lot and offers a unique blend of modern updates and functional space. Recently remodeled, the building boasts custom shelving, enhancing its retail appeal. A recent addition has expanded the square footage, providing ample room for various business ventures. A significant advantage is the full walk-out basement, partially finished and accessible from the alley, offering additional storage or potential for expansion. Currently housing a business, the sale includes only the real estate itself, providing a blank canvas for the new owner's vision. The property's central location within the village ensures high visibility and accessibility, surrounded by other thriving shops and businesses. This is an ideal opportunity for entrepreneurs seeking a well-maintained, ready-to-occupy commercial space in a desirable Michigan community. The property's zip code is 49449, and its precise coordinates are latitude 43.7803061 and longitude -86.4333012. This property is zoned for commercial use within Oceana County.
-
Studio 161 by Laura Art Studio
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.