Property profile

231 MAIN ST Morenci, MI 49256

OFF-MARKET
Commercial (General)
Property ID
US43-4608636
0.11 ac lot Built 1966
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Property summary

AI-generated overview

An updated brick-front commercial building located in Morenci’s downtown area, offering more than 1,500 square feet of interior space. The property includes recent improvements such as new flooring, energy-efficient LED lighting, and a handicap-accessible restroom. The building is positioned for street-level access and provides street visibility along the downtown streetscape.

Property profile

Verified
Property type Commercial (General)
Year built 1966
Lot 0.11 ac (4,792 SF)
APN XM0-000-0161-00
UPID US43-4608636

Cap rate & NOI

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

Location

231 MAIN ST Morenci, MI 49256
Morenci metro
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Value estimations

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

since 2025
Last sale
$54,000
2 recorded transactions
2025
Price N/A
2021
$54,000
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