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

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4,100 SqFt

318 N Main Street Morrice, MI 48857

Est. payment /mo
SOLD DATE : 01/19/2025

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Key Details

Sold Price $92,500

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,100 sqft

Price per Sqft $22

Subdivision Mi

MLS Listing ID 50157984

Sold Date 01/19/25

Annual Tax Amount $9,574

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 69x125

Property Sub-Type Commercial/Industrial

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 Morrice (78025)

Zoning Commercial

Interior

Heating Boiler, Forced Air

Cooling Central A/C, Wall/Window A/C

Exterior

Parking Features Municipal

Roof Type Flat,Rubber

Building

Foundation Crawl, Slab

Water Private Well

Structure Type Metal

Others

Ownership Private

SqFt Source Estimated

Energy Description Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Coldwell Banker Professionals Morrice/Owosso
Bought with Coldwell Banker Professionals Morrice

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agent

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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