305 Michigan Ave Augusta, MI 49012-9306
This exceptional business opportunity is located at 305 E Michigan Avenue in the vibrant Augusta Village, nestled between Kalamazoo and Battle Creek, Michigan. The property boasts a strategic position on a major roadway connecting these two significant cities, ensuring high visibility and accessibility. The building itself offers 1,152 square feet of space situated on a half-acre lot. Previously utilized as an automotive repair shop, the existing structure includes a single bathroom and a small office space at the front. This presents a unique chance for a variety of business ventures. The building's layout offers flexibility for adaptation and customization to suit diverse needs. The property's prime location and existing infrastructure provide a solid foundation for a thriving business. This is a rare opportunity, as this is the first time the property has been listed on the market. The potential for redevelopment is significant, making this an attractive investment for entrepreneurs seeking a high-traffic location with substantial growth potential. Don't miss this chance to establish your business in a thriving community. Schedule a showing to explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
VILLAGE · Augusta, MIAugusta. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.