Escanaba, MI 49829,400 S 10th Street
Escanaba, MI 49829,400 S 10th Street
Escanaba, MI 49829,400 S 10th Street
68
$200,500
$234,900
14.6%
Est.Price: ?

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2 BD
5 BA
7,539 SqFt

400 S 10th Street Escanaba, MI 49829

Est. payment /mo
SOLD DATE : 03/21/2024

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Key Details

Sold Price $200,500

Property Type Single Family Home

Sub Type Single Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,539 sqft

Price per Sqft $26

Subdivision No

MLS Listing ID 50132390

Sold Date 03/21/24

Style More than 2 Stories

Bedrooms 2

Full Baths 2

Half Baths 3

Abv Grd Liv Area 7,539

Year Built 1900

Annual Tax Amount $5,797

Tax Year 2022

Lot Size 0.480 Acres

Acres 0.48

Lot Dimensions 150 x 140

Property Description

Size and Potential for Expansion: With over 7500 square feet available, there is significant space for the aspiring or current landlord to potentially add 6 to 8 more rental units to their portfolio. This could be an attractive option for those interested in real estate investment. Alternative Uses: The property's adaptability is emphasized by suggesting alternative uses such as adult foster care or a daycare facility. This opens up possibilities for a wide range of buyers with different interests and business goals. Existing Rental Income: The mention of a two-story apartment already present above the business, which was recently rented out, indicates immediate income potential for a landlord looking to maintain or expand on existing rental opportunities. Commercial Zoning: Being located in a commercial area makes this property suitable for various business ventures. It could be an ideal location for someone looking to establish their own business or potentially convert the space for a specific commercial purpose. Conversion Potential: The building's adaptability is further highlighted by suggesting the potential for conversion into a very large single-family home. This could appeal to buyers looking for a unique residential property. Operational Business: It's clarified that while the building is for sale, the business itself will remain operational, providing continuity for the existing business while allowing the new owner the flexibility to decide its future location. Ample Parking: The inclusion of a huge parking lot is a practical feature that adds value, especially for potential tenants or clients visiting the business.

Location

State MI

County Delta

Area Escanaba (21010)

Zoning Commercial,Mixed Use,Multi-Family,Office,Residential

Rooms

Basement Block, Full, Outside Entrance

Interior

Interior Features Bay Window, Cable/Internet Avail., Furnished, Walk-In Closet

Hot Water Gas

Heating Boiler, Floor Furnace, Forced Air, Radiant Floor

Cooling Ceiling Fan(s), Central A/C, Wall/Window A/C

Appliance Dishwasher, Microwave, Range/Oven, Refrigerator, Washer

Exterior

Parking Features Attached Garage, Electric in Garage, Gar Door Opener, Heated Garage, Workshop

Garage Spaces 4.0

Garage Description 27 x 48

Garage Yes

Building

Story More than 2 Stories

Foundation Basement

Water Public Water

Architectural Style Conventional Frame

Structure Type Vinyl Siding,Vinyl Trim

Schools

School District Escanaba Area Public Schools

Others

Ownership Private

SqFt Source Assessors Data

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 STATE WIDE REAL ESTATE OF ESCANABA
Bought with KEY REALTY DELTA COUNTY LLC

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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