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Family Dollar and 2 Unit Apartment Building 110-114 S Main St

11,000 SF Retail Building Eaton Rapids, MI 48827 $433,756 ($39/SF) 8.50% Cap Rate

Retail Space Michigan Eaton Rapids 110-114 S Main St, Eaton Rapids, MI 48827

Investment Highlights

  • Family Dollar's presence at the property since 1993 showcases their long-term commitment to the site.
  • Family Dollar is paying below market rent for the space they occupy at the property.
  • This prime location offers good visibility and accessibility in the heart of Eaton Rapids.

Executive Summary

In addition to the Family Dollar store, the property features a fully leased apartment building. This provides an additional income stream
from residential tenants, diversifying the sources of revenue and further enhancing the property's investment potential.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
11,000 SF
Building Class
C
Year Built
1905
Price
$433,756
Price Per SF
$39
Cap Rate
8.50%
NOI
$36,869
Tenancy
Single
Building Height
2 Stories
Building FAR
1.94
Land Acres
0.13 AC
Zoning
Commercial - Commercial district zone
Frontage
65 FT on S Main St
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Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 300-000-602-045-01 Improvements Assessment $0
Land Assessment $0 Total Assessment $88,200

PROPERTY TAXES

Parcel Number
300-000-602-045-01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$88,200
(248) 833-6595

  • Listing ID: 29058304

  • Date on Market: 7/20/2023

  • Last Updated:

  • Address: 110-114 S Main St, Eaton Rapids, MI 48827

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Family Dollar and 2 Unit Apartment Building | 110-114 S Main St
(248) 833-6595 x

Family Dollar and 2 Unit Apartment Building | 110-114 S Main St

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Daniel Garmo

(248) 833-6595

(248) 833-6595

Steve Sagmani

(248) 833-6601

(248) 833-6601

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