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12379 Stafford Street Ravenna, MI 49451-9159
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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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Bought with Five Star Real Estate (M6)