Property summary
This 3,122 square foot industrial building, located at 4551 Ruth Road in Ruth, Michigan (48470), presents a unique investment opportunity. Formerly a concrete production company office and workshop, the property offers a blend of office and warehouse space. The building's interior may require some renovation depending on the intended use, allowing for customization to suit various needs. Situated in Huron County and subject only to Sherman Township taxes, this property benefits from its convenient location across from the Ruth Cooperative Elevator Company. The building's industrial zoning allows for a wide range of commercial and other potential uses. This versatile space is ideal for businesses seeking storage, workshop areas, and office accommodations. Note that an adjacent property featuring a 2,592 square foot storage shed is also available for separate purchase. The asking price for this property is $63,900. This presents a compelling opportunity for entrepreneurs and investors seeking a flexible and adaptable space in a convenient location. The property's size and zoning make it suitable for a variety of commercial applications. The potential for customization allows buyers to tailor the space to their specific business requirements. The proximity to the Ruth Cooperative Elevator Company offers potential synergies for related businesses. This is a rare opportunity to acquire a well-located industrial property at an attractive price point.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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