205 Main St, Hudson, MI 49247-1001
This unique 4,080 square foot industrial building is situated in the heart of historic downtown Hudson, Michigan, on a 0.03-acre lot. The property boasts a three-story structure, offering a versatile layout ideal for a variety of commercial uses. The ground floor features an open-concept design complete with a fully functional kitchen, perfect for a restaurant, retail space with a prep area, or a similar business requiring kitchen facilities. The second and third floors are currently unfinished, presenting a significant opportunity for future development. These upper levels hold substantial potential for conversion into residential apartments, adding a lucrative income stream or providing additional space for business expansion. The building's prime downtown location offers excellent visibility and accessibility, placing it within easy reach of local businesses, amenities, and residents. This property represents a rare chance to acquire a piece of Hudson's rich history and capitalize on its revitalized downtown area. The asking price is $70,000, making it an attractive investment opportunity for those seeking a versatile commercial space with significant upside potential. The existing kitchen on the first floor is a significant asset, reducing the initial investment required for certain commercial ventures. The building's solid foundation and substantial size provide a strong base for future renovations and adaptations to suit a wide range of business needs. This is a truly exceptional opportunity to own a piece of Hudson's vibrant past and shape its future.
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.