330 Charles St, Belleville, MI 48111-2601
This exceptional 7,938 square foot industrial building presents a remarkable investment opportunity in the heart of Belleville, Michigan. Situated on a 0.63-acre lot at 330 Charles Street, this solid brick structure boasts a rich history, originally constructed to rigorous US Postal Service standards. Currently configured as office space, the building offers immense flexibility for a variety of uses. High ceilings—16 feet above the existing 10 and 14-foot drop ceilings—provide ample vertical space, easily adaptable to suit specific needs. A covered loading dock at the rear of the building ensures efficient material handling. Convenient parking is readily available, with a dedicated lot on-site, plus adjacent public and street parking. The property has a proven rental history, previously leased for $5,500 per month, generating an annual gross income of $66,000 (lease expired December 31st). The building is well-equipped with a boiler, air conditioning units, split systems, and a generator, ensuring year-round functionality and operational efficiency. This prime location and versatile space offer significant potential for a wide range of businesses. Don't miss this chance to acquire a substantial property in a thriving downtown area. The asking price is $950,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.