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    OFF-MARKET
    Commercial land

    317 Main St, Standish, MI 48658-9233

    0.33 ac lot
    Individually Owned 9-yr Hold Free & Clear
    Property ID
    US43-4139699
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • China King Restaurant
    • Wiltse Realty LLC Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Gateway North · 9 yrs held
    Gateway North
    since 2017
    1 recorded transaction
    2017
    $40,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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