214 Broad St Holly, MI 48442-1670
This exceptional 1,500 square foot retail space at 214 Broad Street in Holly, Michigan, presents a unique investment opportunity. Located in the heart of downtown Holly, this completely renovated property offers immediate occupancy and endless possibilities. The building, formerly home to Balcony Books, has been meticulously rebuilt following the Holly Hotel fire, boasting all-new insulation, ductwork, electrical systems, and a furnace. The 0.06-acre lot provides ample space for a variety of businesses, from retail shops and restaurants to medical or dental offices. Its prime location across from Crapo Park ensures high visibility and foot traffic. The property's proximity to Holly's vibrant downtown area, renowned for its unique shops, restaurants, the world-famous Dickens Festival, and historic Battle Alley, guarantees a strong customer base. Imagine establishing your dream business in this thriving community. The potential for expansion exists with the possibility of acquiring the adjacent property at 216 Broad Street. This turnkey space is ready for immediate occupancy, allowing you to focus on building your business. Don't miss this chance to own a piece of Holly's charming downtown. The asking price is $200,000. Contact us today to schedule a showing.
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
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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.