Financial
Distress signals
Property profile

2 Main St Three Rivers, MI 49093

OFF-MARKET
Other commercial real estate
Property ID
US43-2263351
3,048 SF 0.04 ac lot Built 1850
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a restored three-unit mixed-use building in historic downtown Three Rivers, Michigan, situated on a prominent corner. The total building area is approximately 2,200 square feet on a 0.04-acre lot. A street-level commercial storefront includes laminate flooring, updated lighting, a restroom with accessibility features, fresh interior paint, and preserved original woodwork. The upper level contains two residential units, each configured as a one-bedroom, one-bathroom apartment.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value · 2024$60k
Assessed land$4k
Assessed improvement$56k
Effective rate2.21%

Value estimate

· Sep 2026
$195k
$176k – $215k
AI approach$265k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$52/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$28 – $79
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
It is intended to provide for the establishment of commercial and service activities which draw from and serve customers from the entire ...
General categoryCOMMERCIAL
JurisdictionST JOSEPH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.3
Law Firm14.5
Dental Office12.5

Location

2 Main St Three Rivers, MI 49093-1577
County assessor Recorded deeds · not on file 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1150 Millard, Three Rivers, MI 49093-9567 $283,000 Aug 2025 4,160 SF
10249 Lucas, Three Rivers, MI 49093-8536 $100,000 May 2025 3,880 SF
310 Us Hwy 131, Three Rivers, MI 49093-8835 $128,000 Apr 2025 2,310 SF
618 Main, Three Rivers, MI 49093-1632 $15,000 Sep 2024 1,554 SF
850 Health, Three Rivers, MI 49093-8358 $510,000 May 2024 3,590 SF
416 Michigan, Three Rivers, MI 49093-2127 $90,000 May 2024 3,456 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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