124 Main StCapac, MI 48014

Property Details for 124 Main St

Lot size

0.08 AC

Property size (Sq ft)

2,688 SF

Zone code

VILLAGE

Property type

Office buildings

APN

74-40-950-0009-000

APU

74409500009000

Description

This exceptional 2,500 square foot industrial building, situated at 124 N MAIN in Capac, MI, presents a unique investment opportunity. Built in 1912 and extensively renovated in 1997, the property boasts two distinct units, offering flexibility for various uses. The front unit, previously an accounting firm, features a spacious waiting room (12 x 21.5 ft), a support staff office (10 x 16 ft), an additional office (10 x 12 ft) with attached file room (10 x 6 ft), an accessible bathroom (7 x 9 ft), and a second file room (7 x 9 ft). A convenient break area with countertop, sink, and refrigerator (9 x 11 ft) completes this space. Access is available from both the front and rear entrances. The rear unit, formerly a tanning spa, comprises five rooms ideal for tanning beds or other uses: four stand-up tanning rooms and one larger room. This unit also includes an accessible bathroom, a small counter with sink, and a stackable washer and dryer. The 0.11-acre lot provides street parking on Capac Rd and two dedicated parking spaces at the rear. The property is priced at $289,900, and the Village of Capac taxes are $421.00 annually. This versatile building offers potential for continued use as two separate rental units or complete customization to suit individual business needs. Don't miss this chance to own a piece of Capac's history.

• CAP approach

  CAP return

  Valuation

  6%

  $559,065

  6.5%

  $516,060

  7%

  $479,198

• Comparable approach

  Method

  Valuation

  Relative Method

  $251,436

  Geo Method

  $251,436

• Alternative Use

  Use

  Valuation

  Residential

  $639,914

  Hospitality

  $586,158

  Educational

  $487,676

  Medical

  $504,448

  Retail

  $758,608

Location Insight

City

Capac

County

St. Clair

State

Michigan

Latitude

43.0134

Longitude

-82.928

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].