Property summary
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.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight