1301 16Th AveMenominee, MI 49858

Property Details for 1301 16Th Ave

Lot size

0.21 AC

Zone code

R1

Property type

Commercial real estate

APN

051-020-930-00

APU

5102093000

Description

This exceptional Menominee, MI commercial property, located at 1301 16TH AVENUE, presents a unique investment opportunity. Currently zoned C-1, the 1,248 square foot building sits on a 0.21-acre lot and offers a multitude of possibilities. A special use permit allows for residential or multi-family conversion, opening doors to a wide range of uses. The building features a convenient 1 1/2 bathrooms and ample parking. A full basement provides additional storage or expansion space. The exterior is maintenance-free, and the roof is new, minimizing ongoing upkeep costs. Priced affordably at $68,000, this property represents a significant value. Previously occupied by M & M Taxi, this location offers established visibility and potential for immediate occupancy. The combination of its commercial zoning, residential conversion potential, and low price point makes this an attractive proposition for both investors and owner-occupiers seeking a versatile and cost-effective space in a desirable location. Don't miss this chance to acquire a property with such significant upside potential.

• Alternative Use

  Use

  Valuation

  Residential

  $1,912,443

  Hospitality

  $1,751,788

  Educational

  $1,457,467

  Medical

  $1,507,591

  Retail

  $2,267,170

Location Insight

City

Menominee

County

Menominee

State

Michigan

Latitude

45.1131

Longitude

-87.6187

CBSA code

31940

CBSA name

MARINETTE, WI-MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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