Grayling, MI 49738,307 Huron
$185,000
$199,000
7.0%
Est.Price: ?

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1,056 SqFt

307 Huron Grayling, MI 49738

Est. payment /mo
SOLD DATE : 11/09/2022

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Key Details

Sold Price $185,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 1,056 sqft

Price per Sqft $175

Subdivision Mi

MLS Listing ID 1330165

Sold Date 11/09/22

Year Built 1971

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 66' x 120'

Property Description

Terrific opportunity to acquire a fully occupied two-unit investment property right on M-72 in Grayling. This property has been well maintained and has two solid long-term tenants in place, including Edward Jones who has been in their space for over 15 years. Potential for an investor to earn close to an 8% return on a cash investment. Financial pro forma and lease info available with a signed confidentiality agreement.

Location

State MI

County Crawford

Area Grayling Twp (20003)

Zoning Professional Office,Commercial,Other

Interior

Heating Forced Air

Exterior

Garage Parking Lot

Roof Type Asphalt

Building

Water Public Water

Structure Type Frame

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Commercial Loan

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Coldwell Banker Schmidt-522
Bought with Coldwell Banker Schmidt-522

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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