933 Main StFremont, MI 49412

  • Commercial real estate
  • 4.75 AC
For Sale
$1,395,000 View listing

Property Details for 933 Main St

Lot size
4.75 AC
Zone code
LOCAL ZONE
Property type
Commercial real estate
APN
13-36-400-025
APU
1336400025

Description

This exceptional 19,656-square-foot office building, situated on a 4.75-acre lot at 933 E Main St, Fremont, MI 49412, presents a compelling investment opportunity. The property, built in 1981 and renovated in 2014, features a traditional office layout within a two-story structure. Currently vacant, it offers significant potential for owner-occupancy or lease to a new tenant. Previously occupied by an insurance company, the building benefits from a mixed-use zoning designation, allowing for flexibility in future use. The property boasts ample surface parking both in front and behind the building. Located just one mile from downtown Fremont and four minutes from the Gerber/Nestlé headquarters, it enjoys a prime location within a rapidly growing region of Michigan. The surrounding area offers a high quality of life with numerous amenities including senior living communities, golf courses, parks, and recreational facilities. Convenient access to national retailers, banks, and Spectrum Health Gerber Memorial Hospital further enhances its appeal. The property's financial aspects include an asking price of $1,395,000 ($70.97/sq ft), annual summer taxes of $53,615, winter taxes of $11,126, and estimated monthly water/sewer costs between $350 and $450. The APN is 13-36-400-025. This is a for-sale-by-owner opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $43,255,752
    Hospitality
    $39,622,036
    Educational
    $32,965,068
    Medical
    $34,098,788
    Retail
    $51,278,996

Location Insight

City
Fremont
County
Newaygo
State
Michigan
Latitude
43.468
Longitude
-85.9243
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

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
2020
$64,456
-
-
$1,075,800
-
-
-
$2,151,600

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