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    OFF-MARKET
    Super regional malls

    260 Main St, Kingsley, MI 49649-5113

    1,560 SF 0.41 ac lot Built 1974
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US43-4234686
    Property summary
    AI-generated overview

    This exceptional mixed-use commercial property, situated at 260 E Main Street in the Village of Kingsley, Michigan, presents a fantastic investment opportunity. Boasting a total of 1,560 square feet, this building offers a versatile layout ideal for a variety of commercial ventures. The property features approximately 340 square feet of office/reception space, perfect for client interaction and administrative functions. In addition, there is 1,220 square feet of storage/industrial space, providing ample room for inventory, equipment, or workshop activities. A significant advantage is the inclusion of a 2-car-width overhead door, facilitating easy loading and unloading of goods. The property also benefits from a robust 200-amp electrical service, ensuring sufficient power for various business needs. Located on nearly an acre of land, the property provides extensive parking for customers and employees. Its strategic location just east of the main M-113 intersection on the south side of the street ensures high visibility and accessibility, making it an attractive option for businesses seeking strong exposure. The asking price for this remarkable property is $174,900. This presents a compelling opportunity to establish or expand a business in the thriving community of Kingsley, Michigan, with easy access from Garfield Road or M-113. The property is zoned for a variety of commercial uses, making it a flexible and adaptable space for your business needs.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1974
    Total area 1,560 SF
    Lot 0.41 ac (17,990 SF)
    APN 42-009-006-02
    UPID US43-4234686
    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
    • Anytime Restoration Services - Traverse City Hardware & Home Improvement Construction Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    GERALD SHOVAN
    GERALD SHOVAN
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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