Attractive opportunity in the HEART of charming Downtown Belleville! The City of Belleville DDA has a request for proposals (RFP) for the renovation & reuse of 458 Main Street. This 7,666 sq ft building is situated on a corner lot within the Downtown Development Authority (DDA) boundary. It offers prime… Read More exposure and per SEMCOG traffic counts, it is estimated between 3000-5000 cars a day pass this key entry point for the downtown. Formerly a hardware store, the space has been largely gutted and is considered a blank slate for a future business - such as a restaurant, retailer, or other high-traffic business - that will drive customer engagement and support further development in the area. This parcel is currently zoned for the City of Belleville Central Business District. Easy access to I-94, just minutes from DTW and Willow Run Airport and conveniently located between Ann Arbor and Detroit. Immediate proximity to the Belleville Lake waterfront, the statewide Iron Belle Trail, local municipal offices, and established retail and dining establishments. Proposals will be evaluated based on their alignment with the district's goals, which prioritize a mixture of land uses that maintain a vibrant pedestrian presence and social spaces while offering business opportunities complementing the downtown. The entire building measures approximately 7,700 sq ft, containing one large commercial space (estimated at 6,066 sq ft) and three smaller commercial units (estimated at 600, 500, and 500 sq ft, respectively). These units are currently rented by month-to-month tenants, bringing in $2,217.50 in monthly revenue. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Moving The Mitten RE Group Inc.
Listing Snapshot
Days Online
59
Last Updated
Property Type
Commercial
Square Ft.
7,666
Lot Size
0.25 Acres
Year Built
1966
MLS Number
20261047670
30 Days Snapshot Of 48111
$331k
+5%
(avg) sold price
31
-22%
homes sold
64
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 1966, 7,666 total square feet, 7,666 main square feet, Brick Veneer
Foundation
Slab
Water Features
Natural Gas, Public (Municipal)
Lot
Lot size area: 0.25, Lot size dimensions: 54X139
Miscellaneous
Gross scheduled income: $26,610, Net operating income: $26,610, Operating expense: $0, Service, Medical, Office, Recreational, Retail, Real Estate Only
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