$149,900
318 N Main Street Morrice, MI 48857
Save Share
Schedule a Tour
20
See all 20 photos
$149,900
Est. payment /mo
4,100 SqFt
Active
318 N Main Street Morrice, MI 48857
UPDATED:
10/14/2024 12:37 AM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $36
Subdivision Mi
MLS Listing ID 50157984
Annual Tax Amount $9,574
Tax Year 2024
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 (78025)
Zoning Commercial
Interior
Heating Boiler, Forced Air
Cooling Central A/C, Wall/Window A/C
Exterior
Garage Municipal
Waterfront No
Roof Type Flat,Rubber
Building
Foundation Crawl, Slab
Water Private Well
Structure Type Metal
Others
Ownership Private
SqFt Source Estimated
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Coldwell Banker Professionals Morrice/Owosso
GET MORE INFORMATION
