*For Sale: Income-Producing 3-Bedroom Rental Home â?? $259,999** More than one excellent investment opportunity awaits with this income-producing rental home located next to Dairy Queen in downtown Richmond. This 3-bedroom, 1-bathroom property was formerly a successful live/work space for a massage therapy provider that served the community for nearly 20 years. The current tenants wish to remain, offering immediate rental income potential, or you can reclaim the property and transform it into your own live/work space. With endless potential and flexibility, this property is also available as part of a redevelopment package with two neighboring businesses, offering a total of 183â?? of prime Main Street frontage that capture l 25,000 daily passing vehicles (DPD), this location is ideal for future growth and business opportunities as a mixed-use property. Ask about State of Michigan grants for development of housing in growing rural development zones. Donâ??t miss this rare opportunity to invest in both residential and commercial potential! Offered at just $259,999.
Rare Investment Opportunity in Northern Macomb County!** Attention investors and developers: this is your chance to secure three prime commercial buildings situated on a **high-traffic Main Street** in **Richmond, Michigan**, where over **25,000 vehicles pass daily**. Positioned on a rural state highway, this location offers unparalleled visibility with **0% risk of a freeway reroute** due to the area's established infrastructure and rural nature. Richmond is a **thriving, up-and-coming community**, home to more than **25,000 captive surrounding residents** who rely on this business district as their central hub for services, shopping and dining. Poised for continued growth, this property is ideal for a **redevelopment grant** project, presenting the perfect opportunity to **scrape the existing structures** and build a vibrant, **three-story mixed-use condominium development**. Imagine a modern, walkable **mixed-use project** featuring retail or restaurant space on the ground level and upscale condominiums aboveâ??catering to Richmond's growing demand for residential and commercial space. Whether you're looking to tap into the city's strong local economy or capitalize on the area's natural growth, this project offers an **incredible upside** with potential financial incentives available for redevelopment. Donâ??t miss out on this **rare opportunity** to shape the future of Richmond's vibrant business district!
Located in the bustling heart of downtown Richmond, this rare opportunity combines prime real estate with a thriving, century-old meat packing business and retail store. Established in 1908, this iconic facility has built a strong reputation for quality, service, and community presence, making it a cornerstone of the local market. This well-established facility offers a unique blend of retail and wholesale operations, catering to a loyal customer base that values quality, freshness, and locally sourced products. The facility specializes in a full selection of freshly packed, high-quality meats sourced from local farms, offering customers a true farm-to-table experience. In addition to everyday cuts, the facility excels in wild game processing, making it a go-to destination for hunters in the area. The retail store offers a wide range of specialty meats, custom orders, and expert butchering services, catering to both local residents and restaurant clients. Adding to its appeal, the business also provides catering services, from backyard BBQs to large-scale events and pig roasts, enhancing its reputation as a one-stop shop for all meat needs. The facility includes a well-equipped packing area, modern refrigeration, and spacious retail space designed for optimal customer flow and product display. With an established brand dating back to 1908, a loyal customer base, and a strategic downtown location, this meat packing facility offers incredible growth potential for an owner-operator looking to expand on a solid foundation.
Rare Investment Opportunity in Northern Macomb County!** Attention investors and developers: this is your chance to secure three prime commercial buildings situated on a **high-traffic Main Street** in **Richmond, Michigan**, where over **25,000 vehicles pass daily**. Positioned on a rural state highway, this location offers unparalleled visibility with **0% risk of a freeway reroute** due to the area's established infrastructure and rural nature. Richmond is a **thriving, up-and-coming community**, home to more than **25,000 captive surrounding residents** who rely on this business district as their central hub for services, shopping and dining. Poised for continued growth, this property is ideal for a **redevelopment grant** project, presenting the perfect opportunity to **scrape the existing structures** and build a vibrant, **three-story mixed-use condominium development**. Imagine a modern, walkable **mixed-use project** featuring retail or restaurant space on the ground level and upscale condominiums above-catering to Richmond's growing demand for residential and commercial space. Whether you're looking to tap into the city's strong local economy or capitalize on the area's natural growth, this project offers an **incredible upside** with potential financial incentives available for redevelopment. Don't miss out on this **rare opportunity** to shape the future of Richmond's vibrant business district!
**For Sale: Leased Commercial Retail Property in Richmond - $269,999** A rare opportunity to own a piece of Richmond's history! This turn-of-the-century building, currently home to a successful Antique Market & Furniture retailer, is now available for sale. The long-term tenant wishes to retain their lease, ensuring immediate rental income for the new owner. The sprawling space is beautifully built out with multiple rooms, housing a vibrant array of antique purveyors who sublease and offer an ever-changing collection of collectibles and antiques to the community. This property boasts a rich history, having previously operated as a successful music studio for decades. The upper level remains unused and ready for your vision. The large, dry basement is currently utilized by a neighboring business for cold storage, adding additional value. Well-maintained and complete with a private parking lot, this building has been a cornerstone of Richmondâ??s commercial landscape for generations. Own a landmark property with a proven track record of success. Donâ??t miss this chance to invest in a building that continues to serve Richmondâ??s community, just like the timeless antiques within. Offered at just $269,999.
Iconic office building in downtown Richmond. Private parking lot plus street parking. Beautiful building and grounds. Five offices, conference room, two half baths and two kitchenettes. Additional storage building on property.
This charming 1874 farmhouse blends historical allure with modern updates, creating a unique opportunity to enjoy both residential comfort and commercial utility on a spacious 1.45-acre lot. The exterior of the home has been thoughtfully upgraded with new siding, a robust roofing system, and energy-efficient windows, patio with built in kitchen and gazebo enhancing both its curb appeal and functionality. The farmhouse itself retains its period character, featuring classic architectural elements typical of the 1870s, such as original woodwork, and a traditional layout with a welcoming enclosed front porch. Inside, the home boasts multiple bedrooms and baths, country kitchen with dining, loft for office space. Significantly, the property is zoned C1, offering tremendous flexibility for a variety of commercial uses. This zoning allows potential business owners to seamlessly integrate their business operations within their living space. See Associated Docs for permitted uses.
The median home value in Richmond, MI is $306,724. This is higher than the county median home value of $222,600. The national median home value is $338,100. The average price of homes sold in Richmond, MI is $306,724. Approximately 78.66% of Richmond homes are owned, compared to 18.49% rented, while 2.85% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!
Richmond, Michigan has a population of 5,871. Richmond is more family-centric than the surrounding county with 28.88% of the households containing married families with children. The county average for households married with children is 28.44%.
The median household income in Richmond, Michigan is $58,684. The median household income for the surrounding county is $67,828 compared to the national median of $69,021. The median age of people living in Richmond is 38.7 years.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 15.2 degrees. The average rainfall is approximately 34 inches per year, with 36.1 inches of snow per year.