1003 Wisconsin AveGladstone, MI 49837

  • Commercial real estate
  • 0.32 AC
For Sale
$675,000 View listing

Property Details for 1003 Wisconsin Ave

Lot size
0.32 AC
Property type
Commercial real estate
APN
052-305-001-00
APU
5230500100

Description

This exceptional business opportunity in Gladstone, MI, presents a well-established and profitable restoration company. The sale includes a substantial 6,439 square foot building situated on a 0.32-acre lot. The property boasts a spacious 88x45 foot garage/workshop with a loft for storage and a bathroom, equipped with a soda blaster, diesel compressor, multiple vehicles and trailers, a commercial compressor, dehumidifiers, and a complete commercial laundry setup. The office area features attractive tongue-and-groove detailing, air conditioning, four offices, a bathroom, a kitchen/break room, and a large 30x30 showroom/lobby. The business itself is a highly sought-after disaster restoration service, specializing in fire, water, mold remediation, and trauma scene cleanup, serving multiple counties with twelve trained employees. The current owners are willing to provide training to a new owner. The building's versatility allows for business expansion or rental of extra space for additional income. The property has been meticulously maintained, including a recently replaced roof, and enjoys a strong reputation for excellence. This turnkey operation offers a unique opportunity to acquire a thriving business with significant growth potential. The asking price is $675,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,914,030
    Hospitality
    $2,669,236
    Educational
    $2,220,773
    Medical
    $2,297,148
    Retail
    $3,454,535

Location Insight

City
Gladstone
County
Delta
State
Michigan
Latitude
45.845
Longitude
-87.0216
CBSA code
21540
CBSA name
ESCANABA, MI MICROPOLITAN 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
2023
$3,648
-
-
$88,500
-
-
-
$177,000

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