6055 N M 99 N Homer, MI 49245
For Sale
1 / 9
This exceptional 15,138 square foot industrial property presents a remarkable investment opportunity in Homer, MI. Situated on a sizable 3.19-acre lot at the highly visible corner of M-99 and M-60, this C-3 zoned property benefits from exceptional traffic counts. The existing building, previously utilized as a bowling alley, bar, and restaurant, offers significant potential for redevelopment. The property is being sold "as is," allowing for complete customization to suit a wide range of commercial ventures. Buyers should anticipate a comprehensive renovation to modernize the existing structure. The substantial lot size and prime location make this an ideal site for a variety of businesses seeking high visibility and ample space. This is a rare chance to acquire a well-positioned commercial property in a thriving area. Serious inquiries are encouraged to explore the possibilities this unique offering presents. All reasonable offers will be considered.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Homer, MICosts & 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.