For sale Home

Listed Jul 30, 2026

$1,615,000 Est. $10,682/mo

884 East Michigan Street

  • 4

    Beds

  • 2

    Baths

  • 3,258

    Sq ft

The story

*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Drive. The corner lot location is over half-acre. The main building has served as a thrift outlet and can be adapted to numerous retail or service provider configurations and there are 2 standard garages, 3 bathrooms and 4 additional entrances and business or commercial parking spaces. Enhance your annual ROI with tens of thousands in *Passive Rental Income* from the 2 single family residences included in the purchase. Or get really creative by tearing down and re-zoning to 2 50-foot by 140-foot home sites, noting that new zoning has been proposed which would allow heights soaring 2 or 3 stories. *More Passive Income* via stacked billboards also included in this offering. Great location with multiple income stream potential - a unique investment opportunity that will likely not last long. This property is zoned for Blankner and Boone schools. Notice: prospective buyers are not permitted to approach the Seller, management, tenants, or employees directly. All communications, requests for information, and property viewing arrangements must be coordinated through the Listing Broker. Contact us today for a copy of our Offering Memorandum or to schedule your visit.

Facts & features

Home type

Home

Year built

1982

Floors

1

Lot size

1 acres

Price per sq ft

$496

Included features

  • Roof

    Shingle

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$10,682 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $8,596
  • Property tax $1,615
  • Insurance $471

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

JR REALTY GROUP LLC

Broker Name

JR REALTY GROUP LLC

Agent

John Vincent