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101 N Main Street Scottville, MI 49454-1042
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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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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Greenridge Realty S Rath