903 State St Saint Johns, MI 48879
This 1,236-square-foot commercial property in St. Johns, Michigan, presents a unique investment opportunity. Currently zoned GC, it features a mix of medical and traditional office space. The asking price is $99,900, translating to $80.83 per square foot. Situated on a 0.321-acre lot (APN 300-414-001-021-00), the property boasts excellent visibility and convenient access to major roadways, including M-21 (State Street), BUS-127, and US-127. The building's current use includes a single-family rental generating $950 per month in income. This presents a strong cash flow opportunity for investors. The property's location offers high traffic counts and proximity to various businesses, including Dollar General, St. Johns Dental Care, and Ryan's Roadhouse. The property is adaptable, suitable for continued use as a rental property, conversion to office space, or redevelopment into commercial, retail, or office uses. This versatile property offers significant potential for growth and return on investment. The property is classified as Class D.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.