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    OFF-MARKET
    Outlet malls

    924 Michigan Ave, Paw Paw, MI 49079-1277

    8,064 SF
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-2412701
    Property summary
    AI-generated overview

    This 8,125-square-foot retail space presents a unique investment opportunity in Paw Paw, Van Buren County, Michigan. Previously occupied by a Dollar General, the property boasts a spacious, open showroom, a sizable back store room, and two restrooms. The building's layout is highly adaptable, making it suitable for a variety of commercial uses. Its location within a thriving commercial corridor ensures high visibility and accessibility. Situated conveniently along a major commuter route connecting Mattawan and Kalamazoo, the property benefits from significant traffic flow. Proximity to Paw Paw High School (just 1.5 miles away) further enhances its appeal. The property is zoned B-2 within the Paw Paw Village limits, allowing for a diverse range of permitted uses, including retail, wholesale, office, winery, and home improvement businesses. Furthermore, the possibility of obtaining a special use permit expands the potential uses even further, offering considerable flexibility for future development. The entire 8,125 square feet is currently vacant, providing immediate occupancy for a new tenant. This property represents a compelling opportunity for businesses seeking a well-located, adaptable space in a growing community.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Total area 8,064 SF
    APN 80-41-999-020-00
    UPID US43-2412701
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    PPDG LLC
    PPDG LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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