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Property profile & analytics

403 Main St Belding, MI 48809-1677

  • Commercial real estate
  • 1,456 SF
  • 0.20 lot acres
OFF-MARKET
Value Estimations
$250,000
Show details
Cap Rate Potential
5.8%
Commercial real estate
Location Intelligence
Property ID
US43-2182735
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.

Current Use by Public Records

  • Stratosphere HVAC Pros / Hvac Contractor
  • Mc Fadden Law Offices / Attorney

Property Details for 403 Main St

Year built
1984
Lot size
0.20 lot acres
Property size
1,456 SF
Zone code
B-1
Property type
Commercial real estate
APN
34-403-200-000-160-00
APU
3440320000016000

Description

This exceptional 1,456 square foot commercial building is ideally situated in the heart of downtown Belding, Michigan, on a 0.2-acre lot. The property boasts a versatile B-1 General Business zoning, making it suitable for a wide range of uses including office space, medical facilities, retail establishments, and even restaurants. The main level features a welcoming enclosed foyer, a spacious waiting room, a reception area, three or more private offices, a well-equipped kitchen, two restrooms, and a dedicated meeting room, complemented by ample storage closets. The building also includes a full, unfinished basement, offering significant potential for expansion or additional storage. Recent significant improvements enhance the property's value and functionality. The roof, siding, exterior doors, and windows were all replaced in 2013. Furthermore, a substantial investment was made in January 2023 to replace the sewer line system from the building to the road, exceeding $13,000. The heating and air conditioning systems underwent thorough inspection and servicing in August 2023, ensuring optimal functionality. This turnkey property presents a fantastic opportunity for a new business venture, a company seeking expansion, or an entrepreneur looking for an established space to operate independently. Existing furnishings are available for negotiation. Priced competitively at $159,000, this property offers an excellent return on investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $255,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $245,000
    6.5%
    $225,000
    7%
    $210,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $178,000
    Market price range: $60.3k - $199k

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


Location Insight

  • Map
  • Local Demand
City
Belding
County
Ionia
State
Michigan
Longitude
-85.2332
Latitude
43.0976
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, 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
$0.00
$7,900
$35,700
$43,600
-
$15,800
$71,400
$87,200
More about this property
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