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    OFF-MARKET
    Commercial real estate

    220 Grand Riv Rd, Laingsburg, MI 48848-8600

    0.07 ac lot Built 1890
    Entity Owned Free & Clear
    Property ID
    US43-2444656
    Property summary
    AI-generated overview

    This exceptional Laingsburg, MI commercial property offers 2,300 square feet of versatile space, ideal for multiple tenants. Currently occupied by two thriving businesses, this building generates immediate income. The property includes a well-appointed bathroom and is handicap accessible, enhancing its appeal and functionality. A significant advantage is the potential to add more tenants, significantly increasing revenue streams. This presents a compelling opportunity for investors seeking a strong return. Furthermore, this property is available as part of a package deal, including an adjacent 2,200 square foot building for a combined price of $275,000. This package deal allows for significant portfolio expansion and the potential to consolidate operations or create synergistic business relationships. The 0.07-acre lot provides ample space for parking and potential future development. Located at 220 E Grand River Road, Unit 220, Laingsburg, MI, this property is priced at $139,900, offering a compelling entry point into the commercial real estate market. The existing tenants and the potential for expansion make this a truly unique investment opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1890
    Lot 0.07 ac (3,049 SF)
    APN 022-40-010-011-00
    UPID US43-2444656
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • CLH Insurance Agency- Laingsburg Insurance Agency
    • Curves Gym & Fitness Center
    • Gail Geasler PC Accounting Firm Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    J G & G LLC
    J G & G LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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