Morrice, MI 48857,318 Main N Street
Morrice, MI 48857,318 Main N Street
Morrice, MI 48857,318 Main N Street
20
$92,500
$149,900
38.3%
Est.Price: ?

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3,745 SqFt

318 Main N Street Morrice, MI 48857

Est. payment /mo
SOLD DATE : 02/19/2025

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Key Details

Sold Price $92,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,745 sqft

Price per Sqft $24

Subdivision Morrice Vlg

MLS Listing ID 20240077116

Annual Tax Amount $9,573

Lot Size 8,712 Sqft

Property Description

(2) Long term leases in place currently for ground level units with gross income of $ 21,600 per year and tenants pay utilities. Great potential with space for 2-3 apartments that could be established on the upper level for additional income, access is located off Main Street, between the 2 units. Property included 2 tax id's. Call listing agent for showing instructions and restrictions. Unit 1 is a large commercial space with over 2000 square feet on the main level and approx. 900 square feet on the upper level. This unit has forced air heat and central air conditioning. Access to alley, kitchenette area and 2 half baths. Unit 2 is currently rented to the post office with a 15 year lease, has a half bath, hot water heat and a wall air conditioner unit. There is a portable dock at this unit that is owned by the tenants. ALL personal property on both units are owned by tenants. This sale is for the building/real estate only. There is city sewer and (1) private well that services both units currently. The well will need to be upgraded to service future units/apartments when added.

Location

State MI

County Shiawassee

Area Shiawassee County - 80

Zoning Commercial

Interior

Heating Baseboard, Forced Air

Exterior

View Y/N No

Roof Type Rubber

Building

Foundation Slab

Sewer Public

Water Well

Schools

School District Morrice

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Listed by Coldwell Banker Professionals Morrice

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agent

Motus Real Estate

Broker

+1(248) 270-5999

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