3071 Worth Rd, Standish, MI 48658-2528
This exceptional 1,964-square-foot property presents a unique investment opportunity. Located in Standish, Michigan, at 3071 Worth Street, this historic schoolhouse sits on a one-acre lot and is ideally situated adjacent to a casino in a high-traffic area. Currently gutted to the studs, the building offers endless possibilities for redevelopment. The expansive interior provides a blank canvas for creative vision, allowing for a wide range of potential uses. Imagine transforming this landmark into a thriving commercial enterprise, capitalizing on its prime location and high visibility. Alternatively, the property's size and layout could be easily adapted for residential conversion, potentially creating a unique vacation rental property through platforms like VRBO. The substantial square footage and ample land offer significant flexibility for a variety of projects. This is a rare chance to acquire a piece of history and shape its future. The property is priced competitively at $89,000, making it an attractive investment for those seeking a high-return project with significant upside potential. Don't miss this chance to own a piece of Standish history.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.