$185,000
$199,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
1,056 SqFt
SOLD DATE : 11/09/2022
Key Details
Sold Price $185,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,056 sqft
Price per Sqft $175
MLS Listing ID 78001330165
Sold Date 11/09/22
Originating Board Aspire North REALTORS®
Year Built 1971
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 66' x 120'
Property Description
Terrific opportunity to acquire a fully occupied two-unit investment property right on M-72 in Grayling. This property has been well maintained and has two solid long-term tenants in place, including Edward Jones who has been in their space for over 15 years. Potential for an investor to earn close to an 8% return on a cash investment. Financial pro forma and lease info available with a signed confidentiality agreement.
Location
State MI
County Crawford
Area Grayling Twp
Zoning Commercial,Office,Other
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Asphalt
Accessibility Disabled Access
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame
Schools
School District Crawford Ausable
Others
Tax ID 07013200100101
Ownership Private Owned
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Unknown/Data Share Listings
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Bought with Coldwell Banker Schmidt-522
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