REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Alex MacKenzie • Coldwell Banker Schmidt Traverse City
$ 266,000
Est. payment | /mo
1,569 SqFt
$ 266,000
Est. payment | /mo
1,569 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,569 sqft
Price per Sqft $169
Subdivision Mi
MLS Listing ID 1929143
Year Built 1980
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions irregular
Property Description
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.
Location
State MI
County Antrim
Zoning Commercial
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Forced Air
Exterior
Exterior Feature Vinyl
Roof Type Asphalt,Membrane
Present Use Office Building
Road Frontage Public Maintained
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 05-41-030-013-00
Ownership Private Owner
Acceptable Financing Commercial Loan, Cash
Listing Terms Commercial Loan, Cash
GET MORE INFORMATION
Stacy Allman
REALTOR® | Lic# 6506048872