Property summary
This exceptional Reed City, MI property offers 33,552 square feet of versatile commercial space across three buildings, priced at $750,000 ($22.34/SF). Previously a lumber yard, this location boasts a durable metal exterior, 19-foot high ceilings, and open floor plans ideal for customization. The property includes a large, fenced-in area for secure storage and employee break rooms. Situated on S Chestnut St, it benefits from high visibility with a daily traffic count of 5,467 vehicles, making it perfect for retail, warehousing, or office use. The property's multi-functional design and prime location in Reed City's commercial core present a rare investment opportunity at a competitive price point. This adaptable space allows for flexible usage and expansion opportunities, catering to a variety of business needs. The low-maintenance metal exterior ensures move-in readiness, minimizing upfront costs. This is a compelling opportunity to acquire a well-positioned commercial property in a thriving Michigan community.
Property profile
VerifiedCap rate & NOI
Current use
-
Car Rental Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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