21 W Main St, Grant, MI 49327
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
LOCAL ZONE · Grant, MIGrant. Always verify with local authorities before improvements.
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.