221 Railway St Coleman, MI 48618
- Retail space
- 5,292 SF
- 0.07 lot acres
Current Use by Public Records
- Retail space
Property Details for 221 Railway St
- Lot size
- 0.07 lot acres
- Property size
- 5,292 SF
- Zone code
- B-1
- Property type
- Retail space
- APN
- 170-006-200-090-00
- APU
- 17000620009000
Description
This 5,292 square foot, two-story commercial building located at 221 E Railway in downtown Coleman, MI, presents a unique investment opportunity. Situated on a 0.07-acre lot, this property boasts excellent visibility and accessibility, making it ideal for a variety of businesses. Previously operating as a print shop for 36 years, the building has undergone significant upgrades, including complete rewiring with both single-phase and three-phase power, accommodating heavy machinery or specialized equipment. The main floor offers a 20x12 reception area, an 8x14 office, and a large 25x66 open shop area. A convenient 25x13 loading area at the rear ensures efficient logistics. Storefront parking is available, supplemented by ample municipal parking at the rear. The upper level features two finished rooms suitable for offices or storage, along with additional attic/storage space. Both floors include a half-bath. The main floor is climate-controlled with a forced air/natural gas furnace and central air conditioning. This versatile property offers immense potential for a new business venture or continuation of an existing one. Its prime location and updated infrastructure make it a rare find in the Coleman market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coleman
- County
- Midland
- State
- Michigan
- Longitude
- -84.5866
- Latitude
- 43.7568
- CBSA code
- 33220
- CBSA name
- MIDLAND, MI MICROPOLITAN STATISTICAL AREA
