Additional details

$199,000
Est. payment /mo
2 Baths
1,332 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 1,332 sqft
Price per Sqft $149
MLS Listing ID 65026019041
Year Built 1950
Lot Size 1,306 Sqft
Acres 0.03
Property Sub-Type BusinessandRealEstate
Property Description
Mixed-Use Investment Opportunity - Downtown Cedar SpringsGreat opportunity to own a 3-unit building in the heart of downtown Cedar Springs. The property includes one upstairs 1-bedroom city-certified apartment (currently vacant) and two commercial spaces, both leased with 3-year terms.Recent updates include: New metal roof (2020) New siding (2019) New air conditioner (2017) Tankless water heater (2018) Updated electrical in rear commercial space (2007) Three zoned heating and cooling areasLocated within walking distance to the White Pine Trail, library, restaurants, and downtown events, including Red Flannel Festival. Enjoy summer evenings listening to music from the nearby amphitheater.Building currently has one gas service, one furnace, and one air conditioner. No designated parking.A great opportunity to invest in a growing downtown district.
Location
State MI
County Kent
Area Area41022Cedarsprings
Interior
Heating Forced Air, Natural Gas
Cooling Wall Unit(s)
Fireplace No
Exterior
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected
View Y/N No
Roof Type Composition, Metal
Building
Foundation None
Sewer Public Sewer, Storm Drain
Water Public
New Construction No
Schools
School District Cedar Springs
Others
Ownership LLC
Acceptable Financing Cash, Conventional, Lease
Listing Terms Cash, Conventional, Lease
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Listed by Brynadette Powell of Eggerding Inc., Arthur K.
Nearby School & Business
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