109 N Mill Street Active

Saint Louis,MI 48880

$ 149900

- Bed

- Bath

6400 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 6,400 sqft

Price per Sqft $23

Subdivision Mi

MLS Listing ID 80047003

Year Built 1900

Annual Tax Amount $1,486

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 42.2 x 165

Property Description

6400 square foot building with two storefronts, located in flourishing and vibrant downtown St. Louis, Michigan. St. Louis is geographically the “Middle of The Mitten” and is three miles from US 127. This building is in a prime location, just a few steps from M46, within the downtown business district. The retail space could be used as one storefront or two separate. The north side of the building has gone through renovations in recent years that include newer flooring, newer front windows, and exposed tin ceilings. Plus, there is a newer membrane roof with a lifetime warranty. Now let's discuss the possibilities of this building! There are 3200 square feet upstairs that is unfinished and zoned for residential. Room for 4 apartments that the bones are already there and the State of Michigan has incentive programs through the Michigan Economic Development Corporation, which could provide the funding for the renovations. In addition to that, you could use one storefront for your desired business and lease the other side to produce immediate income. With the huge retail/commercial space, two storefronts, potential rental income, single-car garage, and vast parking space, this property is worth some thought!? Seller would consider a possible Land Contract.

Location

State MI

County Gratiot

Area Saint Louis (29029)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Garage Parking Lot

Building

Water Public Water

Structure Type Brick

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Commercial Loan

View More
Favorite Go Tour