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Erin Raetz

erin@raetzteam.com +1(586) 996-8410

$1,100,000

Est. payment - /mo

4 Baths

7,000 SqFt

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Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $157

MLS Listing ID 72026032906

Year Built 1962

Lot Size 2.370 Acres

Acres 2.37

Property Sub-Type BusinessandRealEstate

Property Description

Dual-Property Investment Opportunity on M-37. 1970 & 1944 N Evergreen.Two high-yield properties sold together on M-37, offering immediate cash flow and major commercial upside. Totaling ~7,200 sq ft apx of structures, this package prices out at a highly competitive $153sq ft.Property 1: The White House (.5 Acres)2,500 sq ft apx. covered area residential home fully updated in the last 6 months. Features a 6' fenced yard and prime M-37 frontage.Fully rented, generating $1,500/mo.Property 2: Mixed-Use Hub (1.75 Acres)High-visibility corner lot at M-37 & Monroe with room for a business sign.4,700 sq ft across 2 business spaces & 2 apartments (brand-new interiors; 1 unit finishing up). Current income $1,700/mo with a verified potential of $4,000/mo.Zoning & Potential: Zoned residential with a commercial overlay. Already township-approved for immediate operations, Wilcox Township ordinance allows for 30-40 different business types. Turnkey, cash-flowing, and ready for your vision.

Location

State MI

County Newaygo

Area Area62112Whitecloud

Interior

Heating Forced Air, Propane, Space Heater

Fireplace No

Exterior

Parking Features Gravel, Unpaved

Utilities Available ElectricityConnected

View Y/N No

Roof Type Metal

Building

Foundation None, Permanent, Slab

Sewer Septic Tank

Water Well

New Construction No

Schools

School District White Cloud

Others

Ownership LLC,Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Tracy Kehr of Greenridge Town & Country Real

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Erin Raetz

+1(586) 996-8410

1970 N Evergreen DR White Cloud, MI 49349

Erin Raetz

Key Details

Location

Interior

Exterior

Building

Schools

Others

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