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316 W Broomfield Street Mount Pleasant, MI 48858
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Key Details
Sold Price $442,500
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,166 sqft
Price per Sqft $85
Subdivision Mi
MLS Listing ID 80009818
Sold Date 05/03/24
Year Built 1980
Annual Tax Amount $7,600
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 96 X 233
Property Description
GREAT INCOME PRODUCING PROPERTY AT THE DOOR STEP OF CENTRAL MICHIGAN UNIVERSITY'S CAMPUS. DON'T LET THIS OPPORTUNITY PASS..... PROPERTY IS LEASED OUT AND IS PERFORMING AROUND A 10% CAP RATE. DRAGON EXPRESS IS THE TENANT IN THE FRONT AND OCCUPIES 3200 SQ FT. IT'S A WELL ESTABLISHED RESTAURANT AND LEASED THROUGH 2029. 312 SALON IS THE BACK TENANT AND OCCUPIES THE REMAINING 1800 SQ FT. THAT SPACE IS LEASED THROUGH 2025. PROPERTY HAS HIGH VISABILITY ON A BUSY ROAD. TENANTS ARE RESPONSIBLE FOR THEIR OWN UTILITIES AND SOME MAINTENANCE.
Location
State MI
County Isabella
Area Mount Pleasant (37018)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C
Building
Foundation Slab
Water Public Water
Structure Type Block,Brick
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Commercial Loan,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with CENTURY 21 LEE-MAC REALTY
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