Property profile

359 W Maple St Muir, MI 48860

FOR SALE
Commercial real estate
Property ID
US43-2071525
2,280 SF 0.26 ac lot Built 1985
Individually Owned 9-yr Hold Absentee Owner Free & Clear
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For Sale
Contact for pricing 2,280 SF
359 W Maple St, Muir, MI 48860
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Property summary

AI-generated overview

This thriving pizza business in Muir, MI, presents a unique investment opportunity. Located on busy M-21, with approximately 9,000 vehicles passing daily, this highly visible 2,280 square foot building boasts a strong reputation built over three years of successful operation. The current owner is offering training to ensure a smooth transition for the new owner. The business is situated on a 0.27-acre lot and is zoned for both business and residential use, providing flexibility for future endeavors. Imagine converting this established business into a residence or exploring other commercial ventures. The building itself is in excellent condition, with all mechanicals and the roof having been updated within the last three years, minimizing immediate maintenance concerns. This turnkey operation offers a proven business model and a prime location, making it an ideal acquisition for an entrepreneur seeking a profitable venture with significant upside potential. The asking price is $129,900. Note that no land contracts are being offered. This is a rare chance to own a successful, established business in a desirable location. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Total area 2,280 SF
Lot 0.26 ac (11,543 SF)
APN 34-082-018-000-020-00
UPID US43-2071525

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

359 W Maple St Muir, MI 48860
Muir metro Census 30102 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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