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Key Details
Sold Price $400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,655 sqft
Price per Sqft $85
MLS Listing ID 65024037500
Sold Date 07/22/24
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1975
Annual Tax Amount $4,415
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 132 x 165
Property Description
Imagine having 2,300 sq ft of space for your own business rent-free! Use the income from the 2 upstairs apartments to cover your mortgage payment & expenses. Or you can buy as an investment and enjoy the cash flow. The building just appraised at 430k (fully stabilized). Apartments 1 & 2 are at the beginning of 12 month leases totaling $2800/month. Both apartments recently updated with paint, new flooring and appliances. Commercial space has private office and plenty of additional storage. Office/Store front is currently vacant.
Location
State MI
County Ottawa
Area Blendon Twp
Zoning Commercial
Direction Directions: Port Sheldon to 48th Ave. Property is on SW corner of intersection.
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Roof Type Composition
Road Frontage Paved
Building
Sewer Septic Tank (Existing)
Water Well (Existing), Water at Street
Structure Type Other,Vinyl,Wood
Schools
School District Hudsonville
Others
Tax ID 701325200006
Ownership Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings
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Bought with EXP Realty (Grand Rapids)