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    215 Hancock St Pentwater, MI 49449-8799
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    Property profile & analytics

    215 Hancock St, Pentwater, MI 49449-8799

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    • Commercial real estate
    Off-Market
    Last Sale Dec 16, 2024
    $172,500
    Property ID
    US43-3850211
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pentwater Froyo / Cafe & Coffee Shop / Take-out & Catering
    • Flowers By Mary Ann / (Bike/Boat/Book/etc) Store / Florist

    Property Details for 215 Hancock St

    Property type
    Commercial real estate
    APN
    044-675-001-03
    APU
    4467500103

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 13, 2022 $130,000 Lgr Properties III LLC Davlaur Properties LLC Warranty Deed $135k · The Shelby State Bank
    Nov 20, 2017 — Savlour Properties LLC Anchor Holdinmgs LLC Warranty Deed —
    Mar 26, 2008 $100,000 Anchor Holdings LLC Steven Jay Bruce Warranty Deed $100k · Ssb Mortgage Co

    Description

    The iconic Hancock Building, located at 215 N Hancock in the heart of Pentwater, Michigan, presents a rare investment opportunity. This 4,615 square foot property sits on a 0.22-acre lot and boasts stunning views of the village green and Pentwater Lake. The building's unique configuration includes two separate commercial spaces, ideal for a variety of businesses, and three residential condominiums, providing additional income streams. The presence of public restrooms adds further convenience and appeal. The property is situated in a vibrant community and is permitted for short-term rentals (STRs), offering significant potential for increased revenue generation. This historic building offers a blend of commercial and residential uses, making it an attractive proposition for investors seeking a diversified portfolio or entrepreneurs looking to establish a presence in a desirable location. The prime location in downtown Pentwater ensures high visibility and accessibility, while the charming character of the building adds to its unique appeal. The combination of commercial and residential units provides a flexible and potentially lucrative investment opportunity. The permitted STR use further enhances the potential for strong returns. This is a truly exceptional property with significant upside potential in a thriving Michigan community.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Pentwater
    County
    Oceana
    State
    Michigan
    Longitude
    -86.4333
    Latitude
    43.7797

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,202
    $44,800
    $0.00
    $44,800
    -
    $89,600
    $0.00
    $89,600
    More about this property
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