319 Broadway St Mount Pleasant, MI 48858
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
CD-5 · Mount Pleasant, MIMount Pleasant. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.