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    80820 Main St Memphis, MI 48041
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    Property profile & analytics

    80820 Main St Memphis, MI 48041


    • Retail space
    • 1,242 SF
    • 0.06 lot acres
    Turn-Key Memphis Commercial Opportunity For Sale
    $187,000
    1,242 SF

    Turn-Key Memphis Commercial Opportunity

    Commercially zoned building with established reputation in thriving community.

    80820 Main, Memphis, MI 48041
    View Listing
    Property ID
    US43-4753459
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 80820 Main St

    Year built
    1900
    Lot size
    0.06 lot acres
    Property size
    1,242 SF
    Zone code
    RETAIL < 5K S
    Property type
    Retail space
    APN
    04-03-02-201-008
    APU
    40302201008

    Description

    This 1,242 square foot industrial storefront is located at 80820 Main Street in the heart of downtown Memphis, Michigan, on busy M19. The all-brick building boasts a newer roof, furnace, and air conditioning system, ensuring efficient and comfortable operation. A newer commercial hood fan is already installed, presenting a significant advantage for food-related businesses. The property offers numerous investment or business possibilities, with ample space for a variety of ventures. There is currently no direct competition in Memphis for businesses such as pizzerias, coffee shops, breakfast diners, or other eateries. The building includes a partial basement, providing additional storage or workspace, and features two bathrooms for convenience. Access is provided via both front and rear entrances. The 0.06-acre lot offers convenient access and visibility. The property is available for purchase at $120,000 and is also available for lease at $1,500 per month with land contract terms. This is a rare opportunity to establish a business in a thriving downtown location with minimal competition. The combination of a well-maintained building and a prime location makes this an exceptional investment prospect.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Macomb
    State
    Michigan
    Longitude
    -82.7687
    Latitude
    42.8959
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,268
    $0.00
    $0.00
    $32,500
    -
    $0.00
    $0.00
    $65,000
    View Listing
    More about this property
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