113 N 1st St - Auto Repair FOR SALE


West Branch, MI 48661
$189,000 USD
989-329-4396
113 N 1st St, West Branch, MI for Sale
$189,000 USD
Auto Repair - FOR SALE
1/14
null | Request Cap Rate

113 N 1st St
West Branch, MI 48661


HIGHLIGHTS

  • Downtown location, High Ceilings, Zoned Mixed Use and ready for development with city water, sewer, 200 amp service and new commercial roof
  • Rural downtown redevelopment in opportunity zone that may be eligible for up to 50% MEDC funding via MCRP or MiPlace programs.
  • New commercial Duro-Last roof with transferrable warranty installed October 2023

OVERVIEW

~8000 Sqft across two levels on .38 acres in downtown West Branch. Zoned Mixed Use with 2 city water mains, sewer, gas and 200 Amp service. Inside is ready for renovation. Power available at the panel. There is no safe access between levels. New commercial Duro-Last roof with transferrable warranty installed October 2023. Lower level has 10' ceilings, Street level has steel beams with bottoms at 14'. Possible self storage conversion project. Busy street due to proximity to downtown, elementary and middle schools. Rural downtown redevelopment in opportunity zone that may be eligible for up to 50% MEDC funding via MCRP or MiPlace programs.

FOR SALE DETAILS

PRICE

$189,000 USD

PRICE/SF

$24 USD /SF

CAP RATE

Request Cap Rate

% LEASED

0%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

Mixed Use

APN/PARCEL ID

052-462-009-60

ASK ABOUT THIS PROPERTY

Greg MorrisMorris Richardson Real EstateMore Info
989-329-4396

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Greg MorrisMorris Richardson Real EstateMore Info
989-329-4396

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.