69206 N Main St 4,860 SF 100% Leased Retail Building Richmond, MI 48062 $649,900 ($133.72/SF) 9.23% Cap Rate

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 ) .