Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    205 Division St, Hesperia, MI 49421-9246

    0.85 ac lot
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US43-3989317
    Property summary
    AI-generated overview

    This exceptional 3,742 square foot commercial property presents a unique investment opportunity in the charming town of Hesperia, Michigan. Situated on a 0.85-acre lot, this versatile space is ideally suited for a variety of businesses. Previous uses include a restaurant, bakery, farm market, retail store, and office space, demonstrating its adaptability to diverse operational needs. The sale includes all existing equipment, providing a turnkey solution for a prospective buyer. This is a rare chance to acquire a well-established commercial space ready for immediate occupancy. The property's location offers excellent visibility and accessibility, making it an attractive proposition for entrepreneurs seeking a thriving business environment. Please note that inventory is not included in the sale price. This property is being offered at $350,000. Serious inquiries only. Direct contact with employees is strictly prohibited. Schedule a private showing to explore the full potential of this remarkable commercial property. Don't miss this chance to establish your business in a vibrant and welcoming community.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.85 ac (36,939 SF)
    APN 041-036-200-42
    UPID US43-3989317
    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
    • Hesperia House Restaurant Restaurant
    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
    Kathy Real Estate LLC · 3 yrs held
    Kathy Real Estate LLC
    since 2022
    Last sale
    $170,000
    3 recorded transactions
    2022
    $170,000
    2017
    2015
    $203,961
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 205 Division St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message