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$399,000
Est. payment /mo
9,000 SqFt
Pending
201 S University Street Mount Pleasant, MI 48858
UPDATED:
11/15/2024 03:55 AM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Pending
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $44
Subdivision Mi
MLS Listing ID 50159412
Year Built 1920
Annual Tax Amount $22,176
Tax Year 2023
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 140x122
Property Description
Historic Office Building in Downtown Mt. Pleasant – Prime Investment Opportunity! Discover the perfect blend of history and modern functionality in this executive office building, ideally located at 201 S University in downtown Mt. Pleasant. Originally built in 1920 as a post office, this property exudes historic charm with its stunning hardwood floors and soaring ceilings, complemented by thoughtful updates for today’s business needs. Spanning approximately 9,000 square feet, this well-maintained property is currently occupied by a variety of tenants with leases in place, providing a solid investment with immediate income potential. The main floor welcomes you with a spacious entry and waiting area, leading to 9 individual office suites, a conference room, and 2 public bathrooms. Additionally, 2 suites on this level are equipped with private bathrooms, offering enhanced privacy and convenience. The upper level houses 3 additional office suites and a public bathroom, while the lower level expands the functional space with 8 more office suites, a public bathroom, and 4 storage or utility rooms. A private parking lot provides 19 general parking spaces and 1 handicapped-accessible spot, with ample on-street and public surface lot parking nearby. Recent updates include a new roof installed in 2017, ensuring a durable and well-protected structure for years to come. Whether you’re looking to expand your real estate portfolio or secure a prestigious location for your business, this iconic property in the heart of Mt. Pleasant offers an unparalleled opportunity.
Location
State MI
County Isabella
Area Mount Pleasant (37018)
Zoning Professional Office,Commercial
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Central A/C
Exterior
Garage 11-20 Spaces, Off Street, Parking Lot
Waterfront No
Roof Type Metal
Building
Foundation Basement
Water Public Water
Structure Type Brick
Others
Ownership LLC
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Commercial Loan
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Century 21 Signature Realty