For more information regarding the value of a property, please contact us for a free consultation.
214 E Chicago Blvd Tecumseh, MI 49286
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $555,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,496 sqft
Price per Sqft $74
Subdivision Mi
MLS Listing ID 50113244
Sold Date 07/26/23
Year Built 1970
Annual Tax Amount $7,200
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 80x199x198x77
Property Description
With nearly 12,000 sq ft of space, this is a great investment opportunity. Centrally located in downtown Tecumseh. Nearly 90% occupied and CAP rate is 8.1%. Many new updates: including new roof in October 2022 along with updated windows, siding, hot water heater, appliances in apartment, furnaces and central air unit. Several additional amenities which include onsite parking lot space (15-20 spaces), space for retail, offices, approx. 6,000 sq ft warehouse, and spacious 2 bedroom apartment.
Location
State MI
County Lenawee
Area Tecumseh (46043)
Zoning Commercial
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Central A/C
Exterior
Parking Features 11-20 Spaces, Municipal, On Site
Roof Type Shingles
Building
Lot Description Downtown Dev Authority
Foundation Basement, Slab
Water Public Water
Structure Type Brick,Masonry,Metal,Vinyl Siding
Others
Ownership Private
SqFt Source Public Records
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
Read Less
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with The Wagley Group