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316 W Broomfield Street

Mt Pleasant, MI 48858
  • $450,000
  • STATUS: Active
  • ON SITE: 115 Days
  • MLS #: 1914367
UPDATED: 68 min ago
$450,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,166
    SQFT
  • $87
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

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.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2023 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2023-12-03T15:51:54.977.
www.bluelakesrealtors.com/homes/142277739
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316 W Broomfield Street Mt Pleasant, MI 48858

  • Price: $450,000
  • Status: Active
  • On Site: 115 Days
  • Updated: 68 min ago
  • MLS #: 1914367
0
Beds
0
Baths
0
½ Baths
0.51
Acres
5,166
SQFT
$87
$/SQFT
1980
Built
Neighborhood:
N/A
County:
Isabella
Area:
Isabella
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.
Exterior Features

Construction BrickBlock Exterior Features Brick Foundation Slab Lot Dimensions 96 X 233 Parking Paved Road Public Maintained Roof Membrane

Interior Features

Heating Cooling Type Forced AirCentral Air

Property Features

Business Incl No Business Name Dragon Express Deeded Waterfront No Documents On File FinancialLeases Eco Features No Extras None Heating Cooling Source Natural Gas Included In Lease Building InsuranceTax Inventory Incl No Licenses None Listing Agreement Type Exclusive Right To Sell Location Freestanding Possession Subject To Tenants Rights Present Use Restaurant/Food ServiceOther Real Estate Incl Yes Renewabley N Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 20 Sewer Municipal Summer Taxes 5700 Taxable Value 120038 Terms Conventional MortgageCommercial LoanCash Total Taxes 7600 Township City Of Mt. Pleasant Type Retail/Commercial Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land No Water Municipal Water Winter Taxes 1900 Zoning Commercial

Listing information © 2023 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Century 21 Lee-Mac Realty: 989-463-6085.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2023 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2023-12-03T15:51:54.977.
 
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Blue Lakes Real Estate Group | Key Realty
310 W. Front Street suite 310F
Traverse City MI, 49686