Ravenna, MI 49451-9159,12379 Stafford Street
Ravenna, MI 49451-9159,12379 Stafford Street
Ravenna, MI 49451-9159,12379 Stafford Street
14
$322,000
$350,000
8.0%
Est.Price: ?

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5,120 SqFt

12379 Stafford Street Ravenna, MI 49451-9159

Est. payment /mo
SOLD DATE : 03/15/2024

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Key Details

Sold Price $322,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,120 sqft

Price per Sqft $62

Subdivision Mi

MLS Listing ID 70386666

Sold Date 03/15/24

Year Built 1995

Annual Tax Amount $7,749

Tax Year 2023

Lot Size 1.070 Acres

Acres 1.07

Lot Dimensions TBD

Property Description

Investment opportunity in downtown Ravenna. Property is comprised of over 1-acre of land developed with a two-story (main level and lower walk-out level) building and associated parking and landscaped areas. The main level is 100% occupied by an insurance agency, while the lower level represents upside potential for an investor. Over 3 years remain in the current lease term. The majority of the lower level is finished and could accommodate 3 additional tenants. Former tenancy included a salon and related infrastructure (water supply, etc.) remains in the space. The lower level units are currently vacant or used for general storage. Ample parking is available for the street-level as well as the walk-out level. Please do not approach tenant. Building tours to be held after normal business

Location

State MI

County Muskegon

Area Ravenna (61028)

Interior

Heating Forced Air

Exterior

Garage 11-20 Spaces

Waterfront No

Roof Type Composite

Building

Water Public Water

Structure Type Frame,Vinyl Siding,Wood

Others

Energy Description Natural Gas

Acceptable Financing Land Contract

Listing Terms Land Contract

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Core Realty Partners LLC
Bought with Five Star Real Estate (M6)

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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