1335 Center StIthaca, MI 48847

Property Details for 1335 Center St

Lot size

1.97 AC

Property type

Commercial real estate

APN

52-060-304-00

APU

5206030400

Description

This exceptional commercial property, located at 1335 E Center St in Ithaca, Michigan, presents a unique investment opportunity. The 3,350 square foot building, constructed in 1998, is currently operating as a restaurant but offers significant redevelopment potential. Situated on a 1.97-acre lot with ample parking (51 spaces), the property boasts excellent visibility and accessibility from US-127, specifically at the Business-127 exit. The C-2 General Commercial zoning allows for a variety of uses, making it ideal for a new restaurant concept, or conversion into a single or multi-tenant retail development. The asking price is $1,000,000, translating to $298.51 per square foot. The property's APN is 52-060-304-00. This prime location in Gratiot County (zip code 48847) offers high traffic counts and strong potential for future growth. Land contract terms are available for qualified buyers. This is a rare opportunity to acquire a well-positioned commercial property with significant upside potential in a thriving Michigan community. The property's class is C.

• Alternative Use

  Use

  Valuation

  Residential

  $6,144,622

  Hospitality

  $5,628,440

  Educational

  $4,682,796

  Medical

  $4,843,845

  Retail

  $7,284,350

Location Insight

City

Ithaca

County

Gratiot

State

Michigan

Latitude

43.2922

Longitude

-84.5838

CBSA code

10940

CBSA name

ALMA, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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