Scottville, MI 49454-1042,101 N Main Street
Scottville, MI 49454-1042,101 N Main Street
Scottville, MI 49454-1042,101 N Main Street
45
$310,000
$395,000
21.5%
Est.Price: ?

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4,600 SqFt

101 N Main Street Scottville, MI 49454-1042

Est. payment /mo
SOLD DATE : 01/04/2023

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Key Details

Sold Price $310,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,600 sqft

Price per Sqft $67

Subdivision Mi

MLS Listing ID 70281411

Sold Date 01/04/23

Year Built 1930

Annual Tax Amount $4,124

Tax Year 2021

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 46x48

Property Description

At the main crossroads in downtown Scottville, and minutes from Ludington and Lake Michigan, awaits this exceptional income producing opportunity. Ideal for a business owner or professional. Daily traffic count is 10,000+. Once used as a bank, this historic building now houses 3 newly renovated apartments on the upper floor, and open commercial space in the main floor with multiple potential uses. Upstairs Studio, 2- & 3-Bed Apartments begin new leases in September of 2022 with a total income of $3600/month. Main Floor Commercial space features 1.5 baths, a Kitchenette, a Conference Room, multiple offices, and a main lobby area. Basement features abundant storage space. Most recently used as a business center for multiple tenants. Price is supported by apartment rental income alone.

Location

State MI

County Mason

Area Scottville (53021)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Garage 3-5 Spaces

Waterfront No

Roof Type Other-See Remarks

Building

Water Public Water, Public Water at Street

Structure Type Brick,Frame,Stone,Wood

Others

Ownership LLC

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Michigan Lifestyle Properties
Bought with Greenridge Realty S Rath

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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