Richmond Twp, MI 49677,228 N Chestnut

$150,000

$150,000

Est.Price: ?

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Est. payment /mo

1,440 SqFt


SOLD DATE : 03/18/2024

Key Details

Sold Price $150,000

Property Type Commercial

Sub Type Business Opportunity

Listing Status Sold

Purchase Type For Sale

Square Footage 1,440 sqft

Price per Sqft $104

MLS Listing ID 78080013669

Sold Date 03/18/24

Originating Board Aspire North REALTORS®

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

Zoning Commercial

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Waterfront no

Accessibility Disabled Access

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block/Concrete/Masonry

Schools

School District Reed City

Others

Tax ID 5211800200

Ownership Private Owned

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Bill Somerville of Three West, LLC
Bought with NON-MLS MEMBER OFFICE
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