630 Lawrence Ave, Charlotte, MI 48813-1475
This versatile commercial property at 630 W Lawrence Avenue, Unit 630, Charlotte, MI, presents a compelling investment opportunity. The 5,262 square foot building sits on a 0.42-acre lot and is priced at $315,000. The flexible layout offers approximately 3,180 square feet of retail or office space, perfectly complemented by 2,080 square feet of warehouse or storage space. Currently occupied by a single owner, the property's design allows for easy division into two or three separate suites, maximizing rental income potential. Its high-traffic location ensures excellent visibility and accessibility for businesses. The current owner is planning for retirement, making this a unique chance to acquire a well-situated, adaptable commercial space. The building's adaptable nature makes it suitable for a variety of commercial uses, offering a strong return on investment for a savvy buyer. The property's size and layout provide ample space for expansion or customization to meet specific business needs. This is an exceptional opportunity to own a well-positioned commercial property in a thriving area. The combination of retail/office and warehouse space makes this property attractive to a wide range of potential tenants or businesses. Don't miss this chance to secure a valuable asset in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
N/A · Charlotte, MICharlotte. 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.