$399,000

Estimated payment $2,572/month

-- Bed
-- Bath
7,104 Sq Ft
$56 Price per Sq Ft

About This Home

Welcome to this fantastic Investment Opportunity nestled in the heart of Downtown Imlay City, MI. This building features two upstairs newly renovated loft/apartments boasting 1500+ sq feet each, 2 beds, 2 baths, kitchen, laundry, Living rm, etc. with balconies. Live in one, rent the other? Also features two 1700 sq foot business build outs on main lvl. New Electrical, drywall, plumbing, fire suppression system throughout, newly re-paved parking in rear of building. Owner invested a TON in renovations. All the Big stuff is done! Land Contract Available. Book your viewing now!

Listing Agent

John Robinson

Coldwell Banker Professionals License #6501390528 Listed on: 04/13/2026

Coldwell Banker Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,305

Year Built

  • Built in 1890 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 48.00 x 125.00

Home Design

  • Brick Exterior Construction
  • Stone Foundation

Additional Features

  • Basement

Community Details

  • 2 Units
  • City Of Imlay City Palmer's Original Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number I196010000000

Property Details

Property Type

Other

Est. Annual Taxes

$5,305

Year Built

Built in 1890 | Remodeled in 2021

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: CommercialSale
  • Year Built: 1890
  • Current Use: Vacant
  • State Equalized Value: 184500.00
  • Year Renovated: 2021
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No
  • Basement: Yes

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Stone
  • Construction Materials: Brick, VinylSiding
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: No

Utilities

  • Cooling: CentralAir
  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Heater Fuel: NaturalGas
  • Water Source: Public

Fee Information

  • Operating Expense: 7500.00

Lot Info

  • Lot Dimensions: 48.00 x 125.00
  • Parcel Number: I196010000000

Rental Info

  • Percent Leased: 1

Tax Info

  • Tax Amount Summer: 4501.00
  • Tax Amount Winter: 804.00

Multi Family

  • Number Of Units Total: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,582 $175,600 $0 $0
2024 $4,686 $210,900 $0 $0
2023 $4,501 $184,500 $0 $0
2022 $5,172 $126,300 $0 $0
2021 $4,934 $91,000 $0 $0
2020 $4,603 $92,100 $0 $0
2019 $5,355 $83,800 $0 $0
2018 $5,095 $81,000 $17,300 $63,700
2017 $5,217 $82,800 $0 $0
2016 $2,759 $68,100 $33,800 $34,300
2015 -- $66,068 $33,780 $32,288
2014 -- $64,256 $33,780 $30,476
2013 -- $80,758 $33,800 $46,958
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2026 04/13/26 For Sale $399,000 -- $56 / Sq Ft
Source: Realcomp

Source: Realcomp

MLS Number: 20261024530

Realcomp
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