695 1St StHarrison, MI 48625

  • Commercial real estate
  • 0.29 AC
For Sale
$229,900 View listing

Property Details for 695 1St St

Lot size
0.29 AC
Property type
Commercial real estate
APN
070-570-010-00
APU
7057001000

Description

This 2,112 square foot commercial building in Harrison, MI, presents a unique investment opportunity. Ideally situated on BUS 127/N. First Street, it boasts excellent visibility and high traffic flow, making it perfect for a variety of businesses. Currently operating as a tanning/beauty salon with a long-term tenant in the rear (pet groomer), the property offers immediate income potential. The main building comprises 1,536 square feet, while the rear unit adds another 576 square feet. Storage needs are supported by a combination of slab, crawlspace, and basement areas. Recent significant mechanical updates and a new roof ensure a move-in ready condition. The seller is offering both the building and the existing business (inventory and equipment), providing a turnkey solution for entrepreneurs and investors alike. Its convenient location near Wilson State Park and the Clare County Fairgrounds adds to its appeal. The 0.35-acre lot provides ample space. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,640,794
    Hospitality
    $2,418,953
    Educational
    $2,012,540
    Medical
    $2,081,755
    Retail
    $3,130,618

Location Insight

City
Harrison
County
Clare
State
Michigan
Latitude
44.0256
Longitude
-84.8037

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,057
$6,300
$70,200
$76,500
-
$12,600
$140,400
$153,000

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