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Listed by Alex MacKenzie • Coldwell Banker Schmidt Traverse City
$ 349,900
Est. payment | /mo
2,304 SqFt
$ 349,900
Est. payment | /mo
2,304 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Contingency
Purchase Type For Sale
Square Footage 2,304 sqft
Price per Sqft $151
Subdivision Mi
MLS Listing ID 1929145
Year Built 1971
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 60'x120'
Property Description
Unique investment opportunity in Charlevoix right on Bridge St! This 2,304 SF office building sits on approximately 0.16 acres and is just steps from downtown. The building features 12 offices, a conference room, a kitchenette, and 2 restrooms. The building has a unique design and features floor to ceiling windows in the reception area and in several of the offices. Priced at a 9.23% CAP in year 1 based on current lease with tenant.
Location
State MI
County Charlevoix
Zoning Commercial
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Forced Air
Exterior
Exterior Feature Wood, Stucco/Drivit
Roof Type Asphalt
Present Use Office Building
Road Frontage Public Maintained
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 052-366-025-00
Ownership Private Owner
Acceptable Financing Commercial Loan, Cash
Listing Terms Commercial Loan, Cash
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Stacy Allman
REALTOR® | Lic# 6506048872