406 Ctr St, Omer, MI 48749
This exceptional 917 sq ft industrial property, situated on a 0.67-acre corner lot in Omer, MI, presents a rare opportunity. Located on heavily traveled US-23, this highly visible location boasts significant curb appeal, featuring a large covered wraparound porch. The building itself has undergone recent updates, including a new natural gas furnace with central air, a new gas water heater, a freshly paved asphalt driveway, and complete electrical rewiring. A Generac generator ensures uninterrupted operation. Inside, you'll find two half-bathrooms, city water hookup, a main serving area perfectly suited for its current use, a well-equipped kitchen, an upstairs office area, and ample storage space. The upstairs also includes one of the half-bathrooms. This turnkey operation includes all necessary equipment and fixtures, allowing for a seamless transition for a new owner. The business has enjoyed over a decade of success under current ownership, establishing a strong reputation within the community. This is a unique chance to acquire a thriving business with a prime location and updated facilities. The property's high visibility and established customer base make it an attractive investment opportunity. The combination of a successful business and a well-maintained building presents a compelling package for a discerning buyer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.