Property profile

218 Broadway St Union City, MI 49094

OFF-MARKET
Other commercial real estate
Property ID
US43-3453050
0.1 ac lot
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property at 218 N Broadway Street in downtown Union City is a historic commercial building configured with a main floor featuring a double storefront setup and street-level commercial frontage. The main level includes a large open front-facing room, approximately 6–7 private office rooms, and a kitchen area, and it is supported by a full basement. An upper level is also included, historically used as a Masonic Lodge, and it presents a second-story interior layout suitable for alternative uses pending verification, including the potential for loft-style residential conversion. The building includes an exclusion of a specific accountant office space identified as painted red from the described offering. Overall, the combination of storefront frontage, multiple private offices, and the separate second level supports flexible use for professional offices and multi-tenant configurations.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.1 ac (4,356 SF)
APN 021-000-005-110-00
UPID US43-3453050

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

218 Broadway St Union City, MI 49094-1154
Union City metro Census 950200 COLDWATER, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2012
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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