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Property profile & analytics
OFF-MARKET
Commercial real estate

305 Michigan Ave Augusta, MI 49012-9306

0.5 ac lot
Individually Owned 9-yr Hold Free & Clear
Property ID
US43-2629502
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.5 ac (21,780 SF)
Zoning code VILLAGE
APN 04-34-380-110
UPID US43-2629502
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
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
Volodymyr Skydanyuk · 9 yrs held
Volodymyr Skydanyuk
since 2017
2 recorded transactions
2017
$17,000
2015
Price N/A
Zoning & alternative use
VILLAGE · Augusta, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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