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316 W Broomfield Mt. Pleasant, MI 48858
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Key Details
Sold Price $442,500
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,166 sqft
Price per Sqft $85
MLS Listing ID 79080009818
Sold Date 05/03/24
Originating Board Central Michigan Association of REALTORS®
Year Built 1980
Annual Tax Amount $7,600
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 96 X 233
Property Description
GREAT INCOME PRODUCING PROPERTY AT THE DOOR STEP OF CENTRAL MICHIGAN UNIVERSITY'S CAMPUS. DON'T LET THIS OPPORTUNITY PASS..... PROPERTY IS LEASED OUT AND IS PERFORMING AROUND A 10% CAP RATE. DRAGON EXPRESS IS THE TENANT IN THE FRONT AND OCCUPIES 3200 SQ FT. IT'S A WELL ESTABLISHED RESTAURANT AND LEASED THROUGH 2029. 312 SALON IS THE BACK TENANT AND OCCUPIES THE REMAINING 1800 SQ FT. THAT SPACE IS LEASED THROUGH 2025. PROPERTY HAS HIGH VISABILITY ON A BUSY ROAD. TENANTS ARE RESPONSIBLE FOR THEIR OWN UTILITIES AND SOME MAINTENANCE.
Location
State MI
County Isabella
Area Mount Pleasant
Zoning Commercial
Interior
Heating Forced Air, Central Air
Heat Source Natural Gas
Exterior
Pool No
Waterfront no
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Block/Concrete/Masonry,Brick
Schools
School District Mt. Pleasant
Others
Tax ID 170001670100
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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Bought with CENTURY 21 LEE-MAC REALTY
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