favorite
favorite
hide
unhide
flag

Posted

print

Apartment Building For Sale - $122,500 (Durand)

Apartment Building For Sale 1 thumbnailApartment Building For Sale 2 thumbnailApartment Building For Sale 3 thumbnailApartment Building For Sale 4 thumbnailApartment Building For Sale 5 thumbnailApartment Building For Sale 6 thumbnailApartment Building For Sale 7 thumbnailApartment Building For Sale 8 thumbnailApartment Building For Sale 9 thumbnailApartment Building For Sale 10 thumbnailApartment Building For Sale 11 thumbnailApartment Building For Sale 12 thumbnailApartment Building For Sale 13 thumbnailApartment Building For Sale 14 thumbnailApartment Building For Sale 15 thumbnailApartment Building For Sale 16 thumbnailApartment Building For Sale 17 thumbnailApartment Building For Sale 18 thumbnailApartment Building For Sale 19 thumbnailApartment Building For Sale 20 thumbnailApartment Building For Sale 21 thumbnailApartment Building For Sale 22 thumbnailApartment Building For Sale 23 thumbnailApartment Building For Sale 24 thumbnail
217 N Saginaw Street Durand, MI
condition: fair
size / dimensions: 4000sf
Investment opportunity with 2 separate income producing units. This mixed use building has a retail space on the main floor and an upstairs residential unit located busy Main Street. Last used as a bakery and coffee shop, the downstairs could be converted into any allowable use open to the public. In the last 7 years the property has received: new roof, electrical system throughout, gas lines, plumbing, framing, drywall, stairs, bathroom, HVAC, and more. It's about 90% finished and just needs some final touches to complete the downstairs to get ready to open to the public.
Upstairs has been gutted to the studs with new framing and electrical installed. Some work will be needed to bring it up to living standards but the main layout has been done for you. The upstairs unit also has a separate front and back entrance for true separation of the two spaces.
Commercial rental spaces of similar size in the area are between $1500-$1800.
Residential rental prices in the area are between $1100-$1300.
Area trade reports are in disclosures for review.

post id: 7762211880

posted:

best of [?]

loading
reading
writing
saving
searching