Investment Sale Petoskey Michigan NEW 5 YEAR LEASE
- Price: 475,000
- Sq. Footage: 3,866 SF
** BUSINESS IS NOT FOR SALE-DO NOT CONTACT EMPLOYEES** This investment sale at 11.62% CAP has a brand new five (5) year lease until 2021. Tenant may purchase between year 3 through year 5 at 12.0% CAP based on current annual NOI for existing year of purchase.Triple net lease (NNN) at $55,200 NOI with 2% increases annually. Year one (1) lease payment is $4,600 per month; Tenant to pay year 1 in lump sum at close, subject to 6% discount. Business District in Petoskey, Michigan.
Office Retail Building For Sale in Lansing Michigan
- Price: $350,000
- Sq. Footage: 11,249 SF
Former office building for State of Michigan. Wide open area floor plan. Break room, three (3) demised offices, utility room, and separate men and women’s restroom. Full interior gut removal will be needed to facilitate mold remediation. Sold “as is”,”where is”, and with no representation or warranties. Zoning is J & F.
Former Jacobson’s Building Downtown Saginaw CBD
- Price: $650,000
- Sq. Footage: 158,597 SF
Banquet Catering Event Training Facility For Sale in Lowell, Michigan
- Price: $1,995,000
- Sq. Footage: 29,730 SF
The subject property is known as Grand Volute Ballrooms located in Lowell, Michigan. Grand Volute is a 29,730 SF wedding ceremony and banquet reception facility on 6.95 acres. Additional uses for property are corporate meeting or training events, graduation ceremonies, and catering on and offsite. The facility has been engineered with specialized attention to every detail to provide effective use of space and utility. Grand Volute has offered multiple levels of packages to provide adequate impact on prospective customers. The subject property is located between Grand Rapids and Lansing, approximately 6 miles north of I-96 and 18.6 miles east of Grand Rapids. Traffic counts are 7,949 Average Daily Traffic (ADT) near property.
Retail Commercial Building in Clinton Township, Michigan
- Price: $650,000
- Sq. Footage: 15,128 SF
This open area retail space is located in a changing market with redeveloping retail centers. High traff fi c counts and population density make this a great location for multiple users/occupants. Great location and build-out for banquet facility, grocery store, restaurant, or retail store. Attached to retail center.
1402 Chicago Drive, Wyoming, MI
This Investment is located at 1402 Chicago Drive Southwest, Wyoming, MI. 1402 Chicago Dr SW is in the 49509 ZIP code in Wyoming, MI. The property has approximately 2,614 square feet and was built in 1960.
22-Unit Room Hotel For Sale in Berrien Springs Michigan
- Price: $385,000
- Sq. Footage: 14,082 SF
Property consists of two buildings on 0.95 acres. Owner occupied apartment and office in building #2. Updated heat/air wall units. Personal property includes 20 double queen and 2 king beds. Located one mile off exit #15 across from Andrews University entrance and next to Berrien County Fairgrounds. 10 miles to Niles. 25 miles to South Bend, Indiana. Zoning B-Business Commercial.
- Price: $575,000
- Sq. Footage: 60,349 SF
Property consists of 60,349 SF of indoor retail mall space with multiple vendors occupying interior space. Approximately 69% is currently occupied with tenants and another 31% could be modified for future tenants.