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Property profile & analytics
OFF-MARKET
Industrial properties

319 Broadway St Mount Pleasant, MI 48858

800 SF 0.39 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US43-2261388
Property summary
AI-generated overview

This bank-owned, single-story, 3,205 square foot commercial building in Mount Pleasant, Michigan, presents a compelling investment opportunity. Built in 1996, this former bank branch boasts a versatile layout ideal for multiple tenants. The main floor features a reception area, walk-in vault, safe, four large offices, ample storage, and a drive-through window. A surveillance system is in place. The lower level includes a large conference room, restrooms, additional storage, mechanical rooms, and three more offices, accessible via two exterior stairwells. Situated on a 0.35-acre lot, the property offers approximately 20 parking spaces and three drive-through lanes. The building benefits from a newer boiler and air handling system. Exterior features include a flat roof. The property is zoned for office use and includes a five-year deed restriction limiting use to financial institutions. This auction property has an opening bid of $50,000. The APN is 17-000-00-077-00. Further details, photos, and terms are available online.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 800 SF
Lot 0.39 ac (16,945 SF)
Zoning code CD-5
APN 17-000-15-857-00
UPID US43-2261388
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
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Owner & transaction history
CONSUMERS POWER REG CONTROL
CONSUMERS POWER REG CONTROL
Zoning & alternative use
CD-5 · Mount Pleasant, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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