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    OFF-MARKET
    Commercial real estate

    178 Wheatland Ave, Remus, MI 49340-5115

    0.13 ac lot
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US43-3510355
    Property summary
    AI-generated overview

    This exceptional 4,700 square foot mixed-use facility in downtown Remus, Michigan, presents a unique investment opportunity. Located at 178 W Wheatland Ave, this property boasts a versatile layout ideal for a variety of commercial ventures. The main level offers expansive open spaces perfect for businesses needing large floor plans, while the upper level features a charming two-bedroom, two-bathroom apartment with hardwood floors, a loft, and stunning views. The apartment is separately metered for potential rental income. The building includes numerous desirable features such as custom ceilings, central air conditioning, private parking, and washer/dryer hookups on both levels. Further enhancing its appeal are a Generac whole-building generator and a 50-amp exterior power plug for RV docking. The property sits on a 5,824 square foot lot (APN 12-082-046-000) and is zoned commercial, offering flexibility for various uses including, but not limited to, a church, daycare, community services, or office space. The building's construction is siding/frame/block on a cement slab foundation. Utilities include city sewer, well water, and natural gas. Taxes are available upon request. This is a truly remarkable opportunity with endless possibilities for a savvy investor. Don't miss out on this exceptional downtown Remus property.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.13 ac (5,837 SF)
    APN 12 082 046 000
    UPID US43-3510355
    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
    • Rhodes German Shepherds Pet Store
    • Action Communications Telecommunications Service Business Service Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ralph William Larson · 1 yrs held
    Ralph William Larson
    since 2025
    Last sale
    $139,900
    4 recorded transactions
    2025
    $139,900
    2021
    2020
    $17,000
    2020
    $105,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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