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$ 149,900
Est. payment | /mo
6,400 SqFt
$ 149,900
Est. payment | /mo
6,400 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,400 sqft
Price per Sqft $23
Subdivision Original Town
MLS Listing ID 79080047003
Originating Board Central Michigan Association of REALTORS®
Year Built 1900
Annual Tax Amount $1,486
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 42.2 x 165
Property Description
6400 square foot building with two storefronts, located in flourishing and vibrant downtown St. Louis, Michigan. St. Louis is geographically the “Middle of The Mitten†and is three miles from US 127. This building is in a prime location, just a few steps from M46, within the downtown business district. The retail space could be used as one storefront or two separate. The north side of the building has gone through renovations in recent years that include newer flooring, newer front windows, and exposed tin ceilings. Plus, there is a newer membrane roof with a lifetime warranty. Now let's discuss the possibilities of this building! There are 3200 square feet upstairs that is unfinished and zoned for residential. Room for 4 apartments that the bones are already there and the State of Michigan has incentive programs through the Michigan Economic Development Corporation, which could provide the funding for the renovations. In addition to that, you could use one storefront for your desired business and lease the other side to produce immediate income. With the huge retail/commercial space, two storefronts, potential rental income, single-car garage, and vast parking space, this property is worth some thought!? Seller would consider a possible Land Contract.
Location
State MI
County Gratiot
Area St. Louis
Zoning Commercial
Interior
Heating Forced Air
Heat Source Natural Gas
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District St. Louis
Others
Tax ID 5301011900
Ownership Private Owned
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Unknown/Data Share Listings
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Listed by Adam Vibber of CENTURY 21 LEE-MAC REALTY