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    Property profile & analytics
    FOR SALE
    Retail space

    21 W Main St, Grant, MI 49327

    2,040 SF 0.12 ac lot
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US43-2877758
    Property summary
    AI-generated overview

    This 3,984 square foot industrial building located at 21 W Main, Grant, MI, is offered at $350,000. The property sits on a 0.06-acre lot and features a well-maintained retail space on the ground floor. A significant advantage is the inclusion of a second-floor apartment, currently rented for $800 per month, offering a consistent income stream. The apartment comprises two bedrooms and one bathroom. The building has undergone updates and is presented in clean condition, ready for immediate occupancy. A full, clean basement provides additional space with potential for further development or storage. A key feature is the inclusion of a backup electric generator, the sale of which is negotiable. The seller is also offering a neighboring property at 17 W Main for potential package purchase. All information should be verified independently by the buyer. The approximate year of construction needs to be confirmed by the buyer.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Total area 2,040 SF
    Lot 0.12 ac (5,271 SF)
    Zoning code LOCAL ZONE
    APN 22-24-201-013
    UPID US43-2877758
    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
    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
    19 E Main St Grant LLC · 7 yrs held
    19 E Main St Grant LLC
    since 2018
    1 recorded transaction
    2018
    Zoning & alternative use
    LOCAL ZONE · Grant, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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