Own a piece of Morenci's past and future! This 10 lane bowling alley offers endless opportunity for entertainment and dinning! Previously used for both a restaurant and bowling alley and has endless potential. Additional space to add a bar area, arcade, pro shop, etc. Bring your ideas and your motivation and get this great business open again!
Courtesy: EXIT Realty Home Partners
517-803-2345
PROPERTY PACKAGE DEAL - 43 Single-Family Rentals + 1 Commercial Multifamily; $2,750,000 TOTAL Presenting a rare portfolio package featuring 43 income-producing residential single-family homes plus 1 commercial multifamily property concentrated in southern Michigan. All for just $2,750,000 with a 9.79% cap rate with lots of room for growth. Whether you're looking to rapidly scale your portfolio or make a strategic entrance into real estate investing, this high cash-flow opportunity is priced to move! What's Included: 43 Single-Family Homes - spread across Hillsdale & Lenawee County specifically within/surrounding the cities of Hudson, Morenci & Waldron Michigan, Mixture of 2-5 bedroom units, Occupancy rates above 90%, most with long-term tenants in place. 1 Commercial Multifamily Property 2 Unit downtown commercial retail space with an apartment on the second floor. Mixed-use zoning potential, stable tenants and consistent rental history, located in a high-traffic, high-demand area. Why This Package? Immediate income from day one, diversified portfolio with risk spread across multiple units, professional management & employees already in place (optional to retain), potential to flip, hold, or syndicate Location Highlights: All properties within close proximity for easy management, located in growing rental markets with strong tenant demand, access to major highways, schools, shopping, and job centers. Full Package & Offering Memorandum Available Upon Request: Full rent roll & financial breakdown, property addresses, lease terms, photos and videos of units. Ready to Make a Power Play? Don't miss this one-of-a-kind bulk investment opportunity. Deals like this don't hit the market often if ever, especially at less than $65K per door! Contact today to schedule a portfolio walkthrough or request the financial package.
Step into opportunity with this updated brick-front commercial building in the heart of Morenciâ??s revitalizing downtown. Offering over 1,500 square feet of space, this property is ideal for launching your next business or expanding your current one. Recent updates include new flooring, energy-efficient LED lighting, a handicap-accessible restroom, and much more. With excellent street visibility and a classic downtown charm, this space is ready for your vision.
Fully Operating, State of the Art Turn Key Marijuana Grow Facility with 3 Class C Recreational and 1 Medical Class C grow licenses. No expense was spare with this build. This 24,000 sq ft facility was completed in 2021 and is fully equipped with everything you need. There are 8 grow rooms, 6 of which have 52 HPS lights for flower and 2 rooms for veg and mothers. For HVAC, there are 6, 20 ton HVAC units and two 12.5 ton units. It also has a 1,000 Kilowatt transformer. In addition, there are 2 drying rooms, a trim room and a large vault. All of this is on 3.16 acres where you could expand approximately an additional 43,000 sq ft. LAND CONTRACT TERMS POSSIBLE! All information is estimated and should be verified.
Endless opportunities await! This prime location is perfect for launching or growing your business. The office space spans over 2500 Sq Ft and features a spacious main office, reception, waiting areas, 10 exam/office rooms plus a large meeting/conference room. Additional benefits include a partial basement, private and municipal parking, and new roof and flooring (2022). Located in the heart of Morenci's Downtown District on Main St (M-156), it's an ideal spot for your venture.
A former church and youth center with endless opportunities: Business Retail, Office or both. Bring your dream of operating your own business to life with this historic downtown Morenci building with 3 stories (basement, Main & upper).
Morenci is located in Michigan. Morenci, Michigan has a population of 2,011. Morenci is more family-centric than the surrounding county with 31.69% of the households containing married families with children. The county average for households married with children is 28.03%.
The median household income in Morenci, Michigan is $42,246. The median household income for the surrounding county is $60,656 compared to the national median of $69,021. The median age of people living in Morenci is 39.8 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 35.5 inches per year, with 31.8 inches of snow per year.
