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Financial
Distress signals
Property profile

526 E Main St Edmore, MI 48829

FOR SALE
Other commercial real estate
Property ID
US43-0822873
0.08 ac lot
Last sale Apr 2016 · $88,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two buildings sold together and is configured for hospitality and beverage production uses, with operations historically including a restaurant and meadery and a special license to produce wine, including Hard Honey Water wine. In addition to the hospitality area, the second floor of the banquet area contains two apartments that are described as non-conforming. The buildings provide multiple functional areas under a shared property footprint.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value · 2023$48k
Effective rate5.12%

Value estimate

· Oct 2026
$355k
$320k – $391k
NOI build-up
Gross scheduled income$116k
Vacancy & credit loss−$5k
Operating expenses−$28k
NOI · 41.71% cap applied$83k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
41.71%
$83k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
COMMERCIAL
JurisdictionMONTCALM

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.9
Parking Facility9.5
Electrical Service9.1

Location

526 E Main St Edmore, MI 48829
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
700 Main, Edmore, MI 48829-8402 $126,000 Feb 2026 No data
8086 Sheridan, Edmore, MI 48829-9777 $95,000 May 2025 No data
1459 Main, Edmore, MI 48829-8339 $7,500 Dec 2024 No data
1100 Main, Edmore, MI 48829-8354 $648,509 Sep 2024 No data
1381 Main, Edmore, MI 48829-8339 $59,999 May 2024 No data
406 Main, Edmore, MI 48829 $100,000 Mar 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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