6-Unit Commercial Property

Undisclosed Address, Newaygo, MI 49337
Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30634197
Property Subtypes: Mixed Use, Other
Status: Pending
Building Size (RSF): 8,288 SF
Gross Building Area: See Agent
Gross Land Area: 2.15 Acres
Sale Price: $450,000
Unit Price: $54.30 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 8/27/2020

Overview / Comments

Investor's Take Note! 6 unit commercial property on busy M 37. All units are occupied and producing good income. Mixture of current uses, Saloon, meeting space, retail and repairs. Total of 8288 sq feet of rental space. Potential for outdoor storage as well on this 2.15 acre site with frontage on Two roads.

Attachments & Media

Additional Details

Tax ID/APN: 62-80-30-160-001
Zoning: C1
Property Visibility: Excellent
Largest Nearby Street: M37
Feet of Frontage: 175
Highway Access: M37
Site Description: Office Space 2,512 Sq Ft Retail Space 2,515 Sq Ft Warehouse Space 3,776 Sq Ft
Tenancy: Multiple Tenants
Total Number of Buildings: 6
Number of Stories: 1
Legal Description: COM 33 FT E & 2500.6 FT N OF SW COR OF SEC E 300 FT N 175 FT W 300 FT S 175 FT TO BEG EX HWY. ALSO LOTS 10 & 11 EDGEWOOD PLAT SEC 30, T12N R12W

Contact

Photograph of Listing Agent

Michael Lamb

Coldwell Banker AJS (Sparta) Not a member of CARWM
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