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228 N Chestnut Street Reed City, MI 49677
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Key Details
Sold Price $150,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $104
Subdivision Mi
MLS Listing ID 80013669
Sold Date 03/18/24
Year Built 1953
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 99x109
Property Description
Single tenant property with NNN lease to H&R Block to 2026. Located just north of downtown Reed City and close to Pere Marquette and White Pine bike paths. Easy access to US10 and US131. Corner lot with pylon sign and plenty of parking. Recent updates include new flooring. Great investment opportunity available at a 10.4% cap rate. Long-term H&R Block tenant. Additional single tenant properties leased to H&R Block available to purchase.
Location
State MI
County Osceola
Area Richmond Twp (67013)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Garage Parking Lot
Building
Foundation Slab
Water Public Water
Structure Type Block
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Commercial Loan,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with NON-MLS MEMBER OFFICE
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