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Prime Spot Downtown Evart 104 S Main St 12,708 SF 100% Leased Retail Building Evart, MI 49631 $995,000 ($78.30/SF)
Investment Highlights
- Prime Spot Downtown Evart, Spanning almost an entire block
Executive Summary
Prime Commercial Opportunity in Downtown Evart
Positioned at the light on US-10 (Main Street) in downtown Evart, this property spans nearly an entire city block and offers a rare combination of income potential, location and flexibility. In addition, lots of revitalization incentives offer added value to an already compelling investment.
Michigan Opportunity Zone
Michigan Main Street (MMS) Community
Downtown Development Authority (DDA) District
Close to certification as a Redevelopment Ready Community® (RRC)
Designation as a Historic District expected by September 2025.
Anchoring the site is a fully operational, well-stocked hardware store affiliated with Do-It-Best, currently staffed and running independently.
The property also includes two adjacent outbuildings, one of which formerly housed a successful engine repair business - ready to be reimagined for a variety of commercial uses.
The main building features both lower and upper levels with adaptable layouts. The upper level previously served as tenant-occupied apartments and could once again generate rental income through residential housing.
Whether you're looking to expand a retail operation, develop mixed-use space, or invest in a thriving small-town community, this property offers strong fundamentals and immediate potential.
Positioned at the light on US-10 (Main Street) in downtown Evart, this property spans nearly an entire city block and offers a rare combination of income potential, location and flexibility. In addition, lots of revitalization incentives offer added value to an already compelling investment.
Michigan Opportunity Zone
Michigan Main Street (MMS) Community
Downtown Development Authority (DDA) District
Close to certification as a Redevelopment Ready Community® (RRC)
Designation as a Historic District expected by September 2025.
Anchoring the site is a fully operational, well-stocked hardware store affiliated with Do-It-Best, currently staffed and running independently.
The property also includes two adjacent outbuildings, one of which formerly housed a successful engine repair business - ready to be reimagined for a variety of commercial uses.
The main building features both lower and upper levels with adaptable layouts. The upper level previously served as tenant-occupied apartments and could once again generate rental income through residential housing.
Whether you're looking to expand a retail operation, develop mixed-use space, or invest in a thriving small-town community, this property offers strong fundamentals and immediate potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
12,708 SF
Building Class
C
Year Built
1900
Price
$995,000
Price Per SF
$78.30
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.75
Lot Size
0.39 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial Zoned District
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Bike Score®
Very Bikeable (82)
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $110,300 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$110,300
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Prime Spot Downtown Evart | 104 S Main St
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