68476 Main StRichmond, MI 48062

For Sale
$210,000

Prime Commercial Space, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 5,531 square foot retail property, located at 68476 Main St, Richmond, MI 48062, presents a unique investment opportunity. Built in 1940, this building sits on a 0.47-acre lot and boasts 180 feet of road frontage, ensuring high visibility and accessibility. The property features a full basement, a two-car garage, a quaint carriage house, and ample parking for 15+ vehicles. Currently zoned B2 Commercial, the property offers a wide array of potential uses, including but not limited to a bed and breakfast, assisted living facility, daycare, restaurant, attorney's office, or tavern. The spacious layout includes a large second floor, ideal for mixed-use development, such as combining commercial space on the first floor with residential quarters above. The asking price is $210,000, translating to $38 per square foot. The land value alone is also assessed at $38 per square foot. This property presents a chance to revitalize a classic building in a desirable location, offering significant potential for return on investment. The Macomb County location and the property's versatile zoning make this a truly compelling opportunity for a savvy investor. The APN is 0601152001.

Highlights

  • Asking price: $210,000
  • 5,531 square foot retail building on a 0.47-acre lot
  • $38 per square foot price, and $38 per square foot land value
  • Built in 1940, with B2 Commercial zoning allowing for diverse uses
  • Located at 68476 Main St, Richmond, MI 48062 (Macomb County), with 180 feet of road frontage, a 2+ car garage, carriage house, full basement, and 15+ parking spaces.

Property Details for 68476 Main St

Property type
Other retail properties, Retail properties
Square Feet
5,531 SF
Year Built
1940
Lot Size (sq. ft)
20,473 SF

Location Insight

City
Richmond
County
Macomb
State
Michigan
Latitude
42.8057711
Longitude
-82.7533191
68476 Main St, Richmond, Michigan

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68476 Main St
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