314 Main St Durand, MI 48429
Vacant 3-unit retail center, high potential.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 128
Highlights
- $100,000 asking price for a vacant, 3,672 square foot retail property.
- Value-add investment opportunity with a pro-forma cap rate of 36.72% and pro-forma NOI of $36,720.
- Located at 314 E Main St, Durand, MI 48429, this Class D property features three units in a 0.56-acre lot.
- Built in 1979, the single-story building offers excellent frontage and ample parking.
- Broker co-op is available.
Property Details for 314 Main St
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 3,672 SF
- Class
- D
- Year Built
- 1979
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 24,394 SF
- Units
- 3
Location Insight
- City
- Durand
- County
- Shiawassee
- State
- Michigan
- Latitude
- 42.910935377623
- Longitude
- -83.980548014852
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Vacant 3-unit retail center, high potential.
- Where is the lifestyle center located?
- The property is located at 314 Main St Durand, MI.
- What is the asking price?
- The asking price for this property is $100,000.
- What are key features of this property?
- This property features: $100,000 asking price for a vacant, 3,672 square foot retail property.; Value-add investment opportunity with a pro-forma cap rate of 36.72% and pro-forma NOI of $36,720.; Located at 314 E Main St, Durand, MI 48429, this Class D property features three units in a 0.56-acre lot.
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