Property summary
This exceptional 2,500 square foot industrial building, situated on a 0.34-acre lot in Richmond, MI, presents a unique investment opportunity. Located in a high-traffic area, the property boasts ample parking. The building's versatile layout currently includes multiple offices, a dedicated conference room, and a media room, offering flexibility for a variety of uses. The existing configuration could easily be maintained for a multi-tenant setup, or the interior could be opened up to create a larger, more open floor plan to suit a single occupant's needs. The building's size and layout provide significant potential for a range of businesses seeking a functional and well-located space. The substantial parking area ensures convenient access for employees and clients alike. This property is ideally suited for businesses requiring a combination of office and warehouse space, or those seeking a prominent location with high visibility. The asking price of $350,000 represents a compelling value in the current market. This is a rare opportunity to acquire a well-maintained industrial building in a desirable location. Don't miss out on this chance to secure a prime piece of commercial real estate in the thriving Richmond area.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Alternative Medicine Practice Spa & Massage Center
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Insurance Agency
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Spa & Massage Center Skin Care Clinic
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Alternative Medicine Practice Spa & Massage Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
O · Richmond, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for O in Richmond, MI.
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