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Price: $ 266,000.00

Listing # 1929143

Address 114 Division Street

City: Bellaire

State: MI

Zip: 49615

Square Ft.: 1569

Acres: 0.43

 

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Great investment opportunity in Bellaire! This 1,569 SF office building sits on approximately 0.43 acres and is only one minute from downtown Bellaire. The main floor features 5 offices, a conference room, a kitchenette, and a restroom. The second floor is accessed via spiral staircase and features 3 offices and 2 restrooms. The building features a unique design and the second floor offices include covered outdoor balconies. Priced at an 8% CAP in year 1 based on current lease with tenant.

 

Basic Features:


Acres: 0.43
Area: Antrim
Neighborhood:
Type: Office
Square Ft: 1569

 

Additional Features:


Basement: Slab
Business Included: No
Business Name: N/A
Construction: Frame
Current Zoning: Commercial
Deeded Water: No
Dimensions: irregular
Directions: South on Division St from E Cayuga St, property will be on your right
Days On Market: 19
Days On MLS: 19
ECO Features: No
Extras: None
Financing:
Floor Type:
Heating/Cooling: Natural Gas
Heating/Cooling Type: Forced Air
Included In Rent:
Inventory Included: No
Licenses: None
Location: Freestanding
Lot:
Miscellaneous:
Documents:
Possession: Long-Term Tenant
Property Status: Active
Real Estate Included:
Remodeled: 2010
Road Frontage: Public Maintained
Roofing: Asphalt,Membrane
For Sale Or Lease: For Sale
For Sale Or Rent: For Sale
Special Assessment:
Township: Kearney
Vacant: No
Waste:
Water: Municipal Water
Year Built: 1980
Zoning: Commercial

Listing courtesy of Coldwell Banker Schmidt Traverse City

402 E Front Street , Traverse City, MI 49686