420 Main StCarson City, MI 48811

Property Details for 420 Main St

Lot size

0.52 AC

Property type

Commercial real estate

APN

051-109-077-00

APU

5110907700

Description

This exceptional retail property, located in the heart of Carson City's bustling commercial district, presents a unique investment opportunity. The 12,000 square foot building, constructed in 1975 and renovated in 2004, sits on a 0.7-acre lot and is zoned for commercial use. Currently, 3,600 square feet of space is available for lease, divisible into units ranging from 1,200 to 4,800 contiguous square feet. The property's prime location on Main Street ensures high visibility and foot traffic, with neighboring businesses including Dollar General, McDonald's, Family Dollar, Independent Bank, a Marathon gas station, and a car wash. Its proximity to Carson City High School and Carson City Hospital further enhances its appeal. The existing layout is well-suited for a fitness center or open office space, offering flexibility for a variety of tenants. The single-story building offers convenient access and ample parking. The property's APN is 59-051-0-109-077, located in Montcalm County's Carson City submarket. This is a rare chance to secure a well-positioned retail space in a thriving community. The property's strong tenant mix and strategic location make it an ideal investment for businesses seeking high visibility and a strong customer base.

• CAP approach

  CAP return

  Valuation

  6%

  $1,613,380

  6.5%

  $1,489,270

  7%

  $1,382,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,963,970

  Geo Method

  $2,963,970

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,174,790

  Retail / Commercial

  $1,897,530

  Mixed-Use / Specialty

  $1,699,050

  Hospitality / Lodging

  $996,934

  Office

  $1,489,270

  Institutional / Educational

  $1,697,810

  Residential Income

  $1,986,430

  Multifamily

  $3,445,250

  Automotive / Energy

  $1,455,260

  Parking / Income-Based Land

  $691,603

  Restaurant / Food Service

  $474,535

  Healthcare / Senior Housing

  $1,938,940

Location Insight

City

Carson City

County

Montcalm

State

Michigan

Latitude

43.1774

Longitude

-84.851

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, 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].