Property profile

548 Railroad St Bangor, MI 49013

OFF-MARKET
Office buildings
Property ID
US43-2149271
960 SF 0.34 ac lot
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This prime 1,553 square foot commercial building in Bangor, Michigan, presents a unique investment opportunity. Situated on a half-acre lot at 548 Railroad Street, the property boasts exceptional visibility directly across from the Amtrak train station and adjacent to the post office, ensuring high foot traffic and brand exposure. Currently configured as a dance studio, the open floor plan offers remarkable versatility, suitable for a wide range of businesses. Imagine a retail store, office space, fitness center, restaurant, coffee shop, or even a drive-through establishment thriving in this dynamic location. The property's strategic position offers easy access to both South Haven (12 miles away) and Kalamazoo via M-43 Highway, tapping into a growing market. Bangor's burgeoning community provides a fertile ground for business growth, making this an attractive proposition for entrepreneurs and investors alike. The building's adaptable layout and prime location combine to create a compelling opportunity for a variety of commercial ventures. This property is available for both sale and lease, providing flexibility to suit individual needs and financial strategies. Don't miss the chance to secure this exceptional commercial space in a thriving Michigan community.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 960 SF
Lot 0.34 ac (14,941 SF)
Zoning code B2
APN 80-54-550-007-55
UPID US43-2149271

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

548 Railroad St Bangor, MI 49013-1465
Bangor metro Census 12001 KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$60k

Owner & transaction history

since 2019
2 recorded transactions
2019
$12,000
2008
$90,000

Zoning & alternative use

B2 · Bangor, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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