69206 N Main St - Storefront Retail/Office FOR SALE


Richmond, MI 48062
$649,900 USD
248-535-7156
69206 N Main St, Richmond, MI for Sale
$649,900 USD
Storefront Retail/Office - FOR SALE
1/3
null | 9.23% Cap Rate

69206 N Main St
Richmond, MI 48062


HIGHLIGHTS

  • Popular and Convenient Walking Downtown Location
  • 6 Income Steams
  • Stable Tenancy

OVERVIEW

Prominent Visible Commercial Corner in Beautiful Historic and Quaint Walking Downtown Richmond . Eye catching Architecture and Curb Appeal Everywhere ! Light Bright Storefront and Flexible B-2 Downtown Zoning Allows for Commercial uses on first 2 Floors , High Quality Expensive New front and Rear Doors with Sidelights and Transom updated in 2026. Storefront Windows " Like a Showcase" , Draw You In ! Currently Operating with a Fresh Buildout Medical Sports Recovery Clinic ( Ste 1-A ), along with FIVE (5) additional Income Generating APARTMENTS with leases in place. ( To be furnished with Qualified Offer to Purchase ) .Owner ( LLC ) will require PROOF OF FUNDS (or) A PREQULIFICATION CONVERSATION FROM A LENDER KNOWN TO OWNER ( Prior to shows ) . Agent Notes : Gross rents are $6,575.00 per mo. Assessor has Estimated 2026 Real Property Taxes to be $9,000.00 including Trash pickup and an admin fee of 1 % to the City of Richmond. Tenants pay Gas , Electric , Sewer , Water and for personal entertainment , if any ... Current Owner says Insurance running about $3,000.00 Annually . CURRENT OWNERSHIP ,( LLC ) will require PROOF OF FUNDS (or) A PREQULIFICATION CONVERSATION FROM A LENDER KNOWN TO OWNER ( Prior to shows ) .

FOR SALE DETAILS

PRICE

$649,900 USD

PRICE/SF

$134 USD /SF

CAP RATE

9.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,669 SF

ZONING

B-2

APN/PARCEL ID

07-03-35-481-009

ASK ABOUT THIS PROPERTY

Travis CotaRE/MAX ClassicMore Info
248-535-7156

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Travis CotaRE/MAX ClassicMore Info
248-535-7156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.