Property profile

317 Main St Standish, MI 48658

OFF-MARKET
Commercial land
Property ID
US43-4139699
0.33 ac lot
Individually Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property in Standish, MI, presents a lucrative investment opportunity. Located at 317 S Main, the property boasts 9,798 square feet on a 0.87-acre lot, offering significant highway frontage of approximately 130 feet. The property includes a 9,600 square foot mini strip mall currently housing a mix of established businesses, including an Asian restaurant (3,500 sq ft), a solar retail store, and a real estate office. The property benefits from convenient access to municipal water and sewer services, and ample paved parking is available. The lot dimensions are approximately 130 feet by 290 feet. This property is ideally suited for a variety of uses and presents a strong potential for future growth and income generation. The asking price is $350,000. The property's prime location and existing tenant base make it an attractive investment for discerning buyers seeking a stable and profitable commercial venture. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.33 ac (14,375 SF)
APN 040-2-500-000-367-00
UPID US43-4139699

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Real Estate Agency

Location

317 Main St Standish, MI 48658-9233
Standish metro Census 970500
Google Maps

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

since 2017
1 recorded transaction
2017
$40,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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