924 Michigan Ave, Paw Paw, MI 49079-1277
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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.