Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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