Richmond MI Commercial for Sale

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Type:
Business Opportunities
Sq.Ft.:
1,520
Status:
Active
Beds:
n/a
Lot size:
0.27 Acres
Year built:
1905
Baths:
MLS#:
50158637

ADDITIONAL INFORMATION

*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.

Type:
Business Opportunities
Sq.Ft.:
27,443
Status:
Active
Beds:
n/a
Lot size:
0.63 Acres
Year built:
1905
Baths:
MLS#:
50158135

ADDITIONAL INFORMATION

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!

Type:
Business Opportunities
Sq.Ft.:
11,261
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1900
Baths:
MLS#:
50158126

ADDITIONAL INFORMATION

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.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.63 Acres
Year built:
1905
Baths:
MLS#:
58050158135

ADDITIONAL INFORMATION

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!

Type:
Industrial
Sq.Ft.:
4,144
Status:
Active
Beds:
n/a
Lot size:
0.28 Acres
Year built:
1905
Baths:
MLS#:
50158134
Subdivision:
Assessors #6

ADDITIONAL INFORMATION

**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.

Type:
Industrial
Sq.Ft.:
2,050
Status:
Active
Beds:
n/a
Lot size:
0.4 Acres
Year built:
1918
Baths:
MLS#:
50156273

ADDITIONAL INFORMATION

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.

Type:
Industrial
Sq.Ft.:
1,750
Status:
Active
Beds:
n/a
Lot size:
1.45 Acres
Year built:
1874
Baths:
MLS#:
50139337
Subdivision:
Meets And Bounds

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. This IDX information is from the IDX program of RealComp II Ltd. and is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and Realcomp II Ltd., copyright 2024 Realcomp II Ltd. Shareholders.



Richmond Real Estate

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.

Richmond Weather

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.

Richmond Real Estate Market Conditions

  • Median sales price

    $306,724
    10.8% change since last quarter
  • # Active listings

    47
    30-day change

Richmond Schools and Demographics

Education near Richmond, MI

Metric City County
High School Graduates 86.46 90.39
College Degree - 2 year 10.66 10.81
College Degree - 4 year 18.4 26.15
Graduate Degree 4.83 7.18
Expenditures per Student 13,444 13,444
Students per Teacher 17.6 17.6

Elementary Schools near Richmond, MI

School Grades Students P/T Ratio ZIP
Memphis Elementary School PK - 05 397 14.4 48041
New Haven Administration PK - PK 0 48048
New Haven Elementary School KG - 05 579 19.9 48048
Orville C. Krause Early Elementary School PK - 02 333 17.9 48005
Orville C. Krause Later Elementary School 03 - 05 402 22.7 48005
Will L. Lee School PK - 04 472 19.1 48062

Middle Schools near Richmond, MI

School Grades Students P/T Ratio ZIP
Armada Middle School 06 - 08 454 21 48005
Endeavour Middle School 06 - 08 259 17.4 48096
Memphis Community Schools Virtual Academy KG - 12 0 48041
Richmond Middle School 05 - 08 454 20.4 48062

High Schools near Richmond, MI

School Grades Students P/T Ratio ZIP
Armada High School 09 - 12 699 24.4 48005
Memphis Junior/Senior High School 06 - 12 521 22.1 48041
New Haven High School 09 - 12 365 21.2 48048

Ungraded Schools near Richmond, MI

School Grades Students P/T Ratio ZIP
* Armada Continuing Education Center 09 - 12 22 20 48005
* Lake Huron Virtual & Hybrid High School 09 - 12 20 22.2 48048
Merritt Academy PK - 12 543 14.4 48048

Demographics near Richmond, MI

Metric City County
Neighborhood Type Small town
Population 5,871 879,123
Population Density 2,033 1,834
Median Age 38.7 40.9
People per Household 2.5 2.5
Median Household Income 58,684 67,828
Average Income per Capita 28,836 34,880