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    330 Charles St Belleville, MI 48111-2601
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    Property profile & analytics

    330 Charles St Belleville, MI 48111-2601


    • Industrial properties
    • 10,200 SF
    • 0.63 lot acres
    Off-Market
    Last Sale Dec 26, 2024
    $850,000
    Property ID
    US43-1558431
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $785,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mainstreet Computers / (Bike/Boat/Book/etc) Store / Corporate Office
    • GMS - Glass Management Software for Auto Dealerships / (Bike/Boat/Book/etc) Store / Corporate Office
    • GMS Dealerships / (Bike/Boat/Book/etc) Store / Corporate Office

    Property Details for 330 Charles St

    Year built
    1970
    Lot size
    0.63 lot acres
    Property size
    10,200 SF
    Property type
    Industrial properties
    APN
    31 084 03 0175 000
    APU
    31084030175000

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $723,000
      Market price range: $264k - $791k
      AI Estimate
      $723,000
      Market price range: $264k - $791k
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $515,000
      Current use
      COMMERCIAL (GENERAL)
      $1,120,000
      Change: +118% Conversion: Difficult
      RESTAURANT
      $1,055,000
      Change: +106% Conversion: Difficult
      OFFICE BUILDING
      $990,000
      Change: +93% Conversion: Difficult
      MEDICAL BUILDING
      $960,000
      Change: +87% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $810,000
      Change: +58% Conversion: Difficult
      RETAIL STORES
      $775,000
      Change: +51% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4903
    Latitude
    42.207
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,945
    $0.00
    $0.00
    $236,600
    -
    $0.00
    $0.00
    $473,200
    More about this property
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