769 Mt Morris St, Mount Morris, MI 48458-2006
This exceptional retail property, located at 769 E Mt Morris St, Mount Morris, MI 48458, offers 2,732 square feet of commercial space. The building features two units, ideal for a variety of retail businesses or potential lease-out opportunities. Priced at $175,000, this represents a compelling value at $64 per square foot. The property is privately owned and is not a short sale. The building is in good condition, boasting a recently replaced roof (within the last five years). Its convenient location on E Mt Morris St, with cross-street access via Union Street, ensures high visibility and accessibility for customers. The property is zoned for commercial use (APN: 5706551002) and presents a fantastic opportunity for investors or business owners seeking a well-maintained, established retail space in a thriving Genesee County community. This is a turnkey opportunity ready for immediate occupancy or lease. The property's size and layout offer flexibility for various retail concepts. Don't miss this chance to acquire 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 2021Comparables
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
R-1 SF PUD · Mount Morris, MIMount Morris. 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.