$149,900
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318 Main ST N Morrice, MI 48857
4,100 SqFt
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Sold
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $22
MLS Listing ID 20240077116
Sold Date 02/19/25
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type BusinessandRealEstate
Property Description
(2) Long term leases in place currently for ground level units with gross income of $ 21,600 per year and tenants pay utilities. Great potential with space for 2-3 apartments that could be established on the upper level for additional income, access is located off Main Street, between the 2 units. Property included 2 tax id's. Call listing agent for showing instructions and restrictions. Unit 1 is a large commercial space with over 2000 square feet on the main level and approx. 900 square feet on the upper level. This unit has forced air heat and central air conditioning. Access to alley, kitchenette area and 2 half baths. Unit 2 is currently rented to the post office with a 15 year lease, has a half bath, hot water heat and a wall air conditioner unit. There is a portable dock at this unit that is owned by the tenants. ALL personal property on both units are owned by tenants. This sale is for the building/real estate only. There is city sewer and (1) private well that services both units currently. The well will need to be upgraded to service future units/apartments when added.
Location
State MI
County Shiawassee
Area Area07143Morricevlg
Interior
Heating Baseboard, ForcedAir, NaturalGas
Cooling CentralAir, WallWindowUnits
Fireplace No
Exterior
View Y/N No
Roof Type Rubber
Building
Foundation CrawlSpace, Slab
Sewer PublicSewer
Water Well
New Construction No
Schools
High Schools Morrice
School District Morrice
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Bought with Coldwell Banker Professionals Morrice/Owosso






