HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details

Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 149,900

Est. payment -/mo

Save

Active

318 Main Street N Morrice Vlg, MI 48857

3,745 SqFt

UPDATED:

10/14/2024 12:40 AM

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 3,745 sqft

Price per Sqft $40

MLS Listing ID 20240077116

Originating Board Realcomp II Ltd

Annual Tax Amount $9,573

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 69x125

Property Description

(2) Long term leases in place currently for ground level units with gross income of $ 21,600 per year and tenants pay utilities. Great potential with space for 2-3 apartments that could be established on the upper level for additional income, access is located off Main Street, between the 2 units. Property included 2 tax id?s. Call listing agent for showing instructions and restrictions. Unit 1 is a large commercial space with over 2000 square feet on the main level and approx. 900 square feet on the upper level. This unit has forced air heat and central air conditioning. Access to alley, kitchenette area and 2 half baths. Unit 2 is currently rented to the post office with a 15 year lease, has a half bath, hot water heat and a wall air conditioner unit. There is a portable dock at this unit that is owned by the tenants. ALL personal property on both units are owned by tenants. This sale is for the building/real estate only. There is city sewer and (1) private well that services both units currently. The well will need to be upgraded to service future units/apartments when added.

Location

State MI

County Shiawassee

Area Morrice Vlg

Zoning Commercial

Direction Lansing Rd to Morrice Rd south to Third St, east to Main St

Interior

Heating Baseboard, Forced Air

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Roof Type Rubber

Road Frontage Paved

Building

Foundation Crawl, Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Well (Existing)

Level or Stories 2 Story

Structure Type Steel

Schools

School District Morrice

Others

Tax ID 01460005010

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Listed by Coldwell Banker Professionals Morrice

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

GET MORE INFORMATION

QUICK SEARCH

Homes For Sale in Detroit, MI