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Investment Sale Petoskey Michigan NEW 5 YEAR LEASE

565 W. Mitchell, Petoskey, MI 49770
  • 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.

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Office Retail Building For Sale in Lansing Michigan

1808 W Saginaw Hwy, Lansing, MI 48915
  • 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.

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Former Jacobson’s Building Downtown Saginaw CBD

400 Federal Ave, Saginaw , MI 48607
  • Price: $650,000
  • Sq. Footage: 158,597 SF

Former Jacobson’s Department Store in downtown Saginaw. Huge city block ready for redevelopment on almost 2 acres. Create a financial impact in this market. Potential large office user, retail space, residential condo development. Zoning is RMU-Riverfront Mixed Use. 240.88’ of frontage and 360’ of depth.

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Banquet Catering Event Training Facility For Sale in Lowell, Michigan

655 Lincoln Lake Avenue SE, Lowell, MI 49331
  • 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.

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Retail Commercial Building in Clinton Township, Michigan

36901 Garfield, Clinton Township, MI 48035
  • 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.

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1402 Chicago Drive, Wyoming, MI

1402 Chicago Drive, Wyoming , MI 49509
  • Price: $125,000
  • Sq. Footage: 2,614 SF

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.

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22-Unit Room Hotel For Sale in Berrien Springs Michigan

9008 Old North US-31, Berrien Springs, MI 49103
  • 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.

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Plaza International

2850 Division South, Grand Rapids, MI 49548
  • 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.