8918 1st St 2, Baroda, MI 49101-8921
This exceptional 2,040 square foot industrial property, situated on a 0.07-acre lot at 8918 1st in Baroda, Michigan, presents a unique opportunity for a variety of commercial ventures. Completely gut-rehabbed in 2010, this building boasts a welcoming front public area, perfect for customer interaction, alongside a versatile central space ideal for a variety of uses, such as a showroom, studio, or office. A partially renovated commercial kitchen is ready for completion, offering potential for food-related businesses. The property also includes separate men's and women's restrooms, a small office space, and a heated back room, providing ample flexibility for storage or additional workspace. Significant upgrades include a new furnace installed in 2013 and a new roof in 2014, ensuring long-term cost savings and peace of mind. The property is priced at $299,900 and offers immediate occupancy, eliminating the time and expense associated with extensive renovations. This turnkey solution allows businesses to focus on their core operations from day one, making it an exceptional investment opportunity in a desirable location. The building's versatile layout and recent upgrades make it an ideal choice for a restaurant, gallery, office space, or a variety of other commercial uses. Don't miss this chance to acquire a move-in ready commercial property in Baroda.
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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
C1 VIL · Baroda, MIBaroda. 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.