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    Armada, MI Storefront Properties for Sale

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    Richmond, MI Ray Twp, MI Richmond Township, MI Allenton, MI Berlin Twp, MI Lenox, MI Romeo, MI New Haven, MI
    Auto Shop with Heavy Power
    Updated: Feb 12, 2024
    Auto Shop with Heavy Power

    74130 Fulton Street, Armada, MI 48005

    $775,000
    9,213 sqft 0.27 AC lot
    9,213‑square‑foot auto shop building on a 0.27‑acre lot
    Operating auto business with equipment and building included
    Heavy power service supports automotive operations
    Multiple building updates have been completed
    Downtown Armada location with Fulton Street frontage
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    This listing looks promising.

    Here's a quick look at some key insights for

    74130 Fulton Street, Armada, MI 48005

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $68K
      Annual

    • Mortgage

      $268K
      Feb 2022

    • Last Sold

      Feb 2022
      $335K

    • Property Type

      Light Industrial
      Built 1948
    View Property Analytics
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Armada, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Mixed-Use Building with Apartments
    Downtown Mixed-Use Building with Apartments

    69206 N Main St, Richmond, MI 48062

    $649,900
    4,860 sqft

    Historic downtown property combines a medical clinic suite with leased apartment units and B-2 zoning for commercial use on the first two floors.

    View details
    Downtown Storefront Property
    Downtown Storefront Property

    69264 Main Street, Richmond, MI 48062

    Contact for pricing
    7,643 sqft

    White-box space allows interior planning for a range of commercial configurations.

    View details
    Corner Conventional Restaurant
    Corner Conventional Restaurant

    53100 Gratiot, New Baltimore, MI 48051

    Contact for pricing
    3,813 sqft

    Operating restaurant with included furniture, fixtures, equipment, and required licenses at a two-road-access commercial corner.

    View details
    Waterside Marketplace Shopping Center
    Waterside Marketplace Shopping Center

    50580 Waterside Dr, New Baltimore, MI 48051

    Contact for pricing

    Shopping center property associated with Dick's Sporting Goods in New Baltimore, Michigan.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Commercial Lot in C-2
    Vacant Commercial Lot in C-2

    16701 25 Mile Road, Macomb, MI 48042

    $250,000
    0.47 AC lot

    Build-ready vacant lot in a C-2 commercial zoning district in Macomb Township.

    View details

    Armada, MI Storefront Properties Market Trends and Statistics

    Explore 1 storefront properties for sale in Armada, MI on our real estate platform. These investment opportunities span a total of 9,213 square feet of properties for sale, with an estimated market value of $775,000.

    Sale prices for retail units in Armada, MI average $775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 2
    Storefront properties 2
    Auto shops 1

    Demographics Overview

    Population 5,315
    Population Growth (5Y) -3.4%
    Median Household Income $110,946
    College Educated 40.8%

    Taxes & Financing

    Tax Rate (average for all types) 3.54%
    Property Tax per SF $46.67 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Macomb County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Macomb County

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