For Sale Commercial MLS# 26037049

10300 W Howard City-Edmore

Lakeview, MI 48850

$475,000

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Listing Office

Officemichigan-regional-information-center-llc-rsd logoKeller Williams GR North
AgentTenneil Lemmen

About 10300 W Howard City-Edmore

In today's economy choose the wise investment of land - supply and demand- it is the one thing no one can make more of! With an annual Net operating income of nearly $30k and a guaranteed ROI over 6% for the next 5 years- this property leased until 12/31/31, by the State of Michigan, with expanding opportunities as urban sprawl continues and the village of Lakeview (less than 2 miles away) begins to outgrow its borders. Zoned R-R with commercial approval who is to say how high the generated income on this property could go? Take consideration and do not let these dollars pass you by. Square Footage: 6,068 sq ft Valuation calculated by historical purchase price x inflation and investment alongside the current SEV and current lease rents totaling $203,884.80 All information believed to be accurate however, not guaranteed. Buyer and Buyer's agent responsible to verify.

Property details

Property

Type
Office
MLS type
Commercial
Status
Active
Year built
1975
Stories
2
Living area
6,068 sqft
Price / sqft
$78
Lot
2.56
Full baths
3
Original price
$475,000
MLS #
26037049

Interior

Heating
Forced Air
Cooling
Central Air

Exterior & lot

Features
Parking spaces: 34
Construction
Brick, Metal Siding, Concrete
Roof
Metal
Foundation
Block, Concrete Perimeter, Permanent

Schools

District
Lakeview Community Schools

Utilities

Utilities
Septic Tank, Well, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Cable Available
Water
Well
Sewer
Septic Tank

Financial

Financial
Michigan Regional Information Center (MichRIC), Private Owned
Annual tax
$63,502
Tax year
2021
Parcel
004-017-006-010
Legal
see separate description

Location

County
Montcalm
Community
Paved, Lakeview
Directions
M-46 between Saterlee And Youngman

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.