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Key Details
Sold Price $92,700
Property Type Commercial
Sub Type Office(s),Service,Retail,Special Purpose,Warehouse,Wholesale
Listing Status Sold
Purchase Type For Sale
Square Footage 12,700 sqft
Price per Sqft $7
MLS Listing ID 1787974
Sold Date 04/22/22
Year Built 1950
Annual Tax Amount $2,459
Tax Year 2021
Lot Size 0.760 Acres
Acres 0.76
Property Sub-Type Office(s),Service,Retail,Special Purpose,Warehouse,Wholesale
Property Description
Tremendous Visability Commercial LocationIncredible Income Machine. Currently $29,940 Annual Rental Income. Approximately $23,000 Net Operating Income with an approximate 25% Rate of Return. This property has good bones, needs a little cosmetic work but has superb potential.This property is Bank Owned and is being sold in it's current ''AS IS'' condition.
Location
State MI
County Menominee
Zoning Commercial
Rooms
Basement None / Slab
Interior
Heating Natural Gas
Cooling Central Air, Forced Air
Exterior
Exterior Feature Other, Partial-Steel, Partial-Wood, Aluminum/Steel, Steel, Wood
Garage Spaces 10.0
Parking On Site 10
Roof Type Composition/Fiberglass,Metal,Rubber/Membrane
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Others
Special Listing Condition Arms Length
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Bought with State Wide RE MI/WI Inc (MI)
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