202 Michigan Ave, Clinton, MI 49236-9782
This exceptional 1,700 square foot industrial property, located at 202 E MICHIGAN in Clinton, MI, presents a compelling investment opportunity. Situated on a 0.18-acre lot, this former car wash boasts a brand-new steel roof, providing significant long-term cost savings and peace of mind. The property is being offered at $149,999 and is available via land contract terms, making it particularly attractive to investors seeking flexible financing options. The seller, who purchased the business three years ago and subsequently closed it, has already completed several upgrades, including the installation of the new roof. All equipment is included in the sale, allowing for immediate operational readiness upon acquisition. Currently, the business is not operating and therefore has no current annual revenue. Potential buyers are encouraged to schedule inspections during the due diligence period to fully assess the property's condition and potential. Proof of funds is required to schedule a viewing or submit an offer. This property offers a unique chance to acquire a well-maintained industrial building with significant upside potential in a desirable location. The inclusion of all equipment and the attractive land contract terms make this an exceptional opportunity for investors seeking a solid return on their investment.
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Klippel Kiteroot Co. (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.