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    OFF-MARKET
    Office Units

    380 Main St, Freeland, MI 48623

    1,692 SF 0.58 ac lot Built 1939
    Property ID
    US43-0340223
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 380 S Main Street in Freeland, Michigan, presents a unique investment opportunity. The 1,692 square foot building, constructed in 1939, is situated on a 0.58-acre lot boasting Tittabawassee River frontage. Currently vacant, this Class C building offers significant potential for owner-users seeking a creative office space. The property features two stories, three bedrooms, and two full bathrooms, along with a full kitchen. A detached 1.5-car garage provides ample parking. Recent updates include a newer furnace and air conditioning system, and refreshed landscaping enhances the curb appeal. The property's prime location on Main Street, between Austin's Flowers and Gifts and the Applewood Plaza, ensures high visibility. Zoned Residential, C1, C2, and C3, this versatile property offers a range of possibilities. The asking price is $265,000, translating to $156.62 per square foot. The property's original charm and quality craftsmanship, combined with its riverfront location and convenient amenities, make it an attractive investment. The parcel number is 29-13-3-21-2014-000.

    Property profile
    Verified
    Property type Office Units
    Year built 1939
    Total area 1,692 SF
    Lot 0.58 ac (25,265 SF)
    APN 29-13-3-21-2014-000
    UPID US43-0340223
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • James Court CPA PC Accounting Firm Tax Preparation
    Value estimations
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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