502 Grand Riv Ave 12, Williamston, MI 48895-1532
This exceptional 864-square-foot commercial property, located at 502 E Grand River Avenue Unit 502 in Williamston, Michigan, presents a remarkable opportunity for entrepreneurs and established businesses alike. Situated on a 0.22-acre lot in the vibrant heart of downtown Williamston, this property enjoys unparalleled visibility and accessibility. The interior boasts a turnkey condition, with two spacious areas ready for immediate occupancy. Two separate storage areas provide added convenience and functionality. The space is currently configured to allow for a variety of uses, offering flexibility for diverse business needs. Zoned C-3 Mixed Use, this property is ideally suited for a range of commercial ventures, from retail establishments to professional office spaces. The large lot provides ample room for potential expansion, allowing businesses to grow and adapt within the property. The property's prime location ensures high foot traffic and excellent exposure, making it an exceptional investment for those seeking a thriving commercial presence in a desirable Michigan community. The asking price is $165,000. This is a rare opportunity to acquire a well-maintained, versatile commercial space in a dynamic downtown setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Williamston, MIWilliamston. Always verify with local authorities before improvements.
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.