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    430 Ctr St Douglas, MI 49406-5130
    Property profile & analytics

    430 Ctr St, Douglas, MI 49406-5130

    View on Map

    • Retail space
    • 4,920 SF
    • 0.21 lot acres
    Off-Market
    Last Sale Jul 26, 2023
    Property ID
    US43-2643005
    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.

    Value Estimations
    $675,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 430 Ctr St

    Year built
    2013
    Lot size
    0.21 lot acres
    Property type
    Retail space
    APN
    59-650-002-12
    APU
    5965000212

    Description

    This exceptional commercial property, located at 430 W Center Street in Douglas, Michigan, presents a unique investment opportunity. Situated along the main route to Oval Beach, a highly popular local attraction, this property boasts a prime location with high visibility and consistent foot traffic throughout the year. The main building features a 1,500 square foot retail space, perfectly suited for a variety of businesses, benefiting from the tens of thousands of annual visitors passing by. Above the retail space is a spacious 918 square foot apartment, complete with one bedroom and one bathroom, offering significant income potential through rental or use as a live/work space. Adding to the property's versatility is a large 34x34 foot attached garage/storage area, ideal for inventory, equipment, or even boat storage. The property sits on a 0.21-acre lot and is offered at an asking price of $799,000. This versatile property combines retail space, residential living, and ample storage, making it an attractive investment for those seeking a high-traffic location and multiple income streams. The property is also listed as a residential sale under MLS 24051544. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Michigan community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $850,000
      6.5%
      $785,000
      7%
      $730,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $510,000
      Market price range: $202k - $1.08M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $625,000
      Current use
      COMMERCIAL (GENERAL)
      $535,000
      Change: -14% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Douglas
    County
    Allegan
    State
    Michigan
    Longitude
    -86.2111
    Latitude
    42.6439
    CBSA code
    26090
    CBSA name
    HOLLAND, MI MICROPOLITAN 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
    $54,600
    $236,200
    $290,800
    -
    $109,200
    $472,400
    $581,600
    More about this property
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