10300 W Howard City-Edmore, Lakeview, MI 48850
10300 W Howard City-Edmore, Lakeview, MI 48850
10300 W Howard City-Edmore, Lakeview, MI 48850
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Sherie Berry

Sherie Berry

Homes by Hazard

+1(616) 581-3294
$475,000
Est. payment /mo
3 Baths
6,068 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 6,068 sqft

Price per Sqft $78

Municipality Cato Twp

MLS Listing ID 26037049

Full Baths 3

Year Built 1975

Annual Tax Amount $63,502

Tax Year 2021

Lot Size 2.560 Acres

Acres 2.56

Lot Dimensions 200x200

Property Sub-Type Office

Source Michigan Regional Information Center (MichRIC)

Property Description

In today's economy choose the wise investment of land - supply and demand- it is the one thing no one can make more of! With an annual Net operating income of nearly $30k and a guaranteed ROI over 6% for the next 5 years- this property leased until 12/31/31, by the State of Michigan, with expanding opportunities as urban sprawl continues and the village of Lakeview (less than 2 miles away) begins to outgrow its borders. Zoned R-R with commercial approval who is to say how high the generated income on this property could go? Take consideration and do not let these dollars pass you by. Square Footage: 6,068 sq ft Valuation calculated by historical purchase price x inflation and investment alongside the current SEV and current lease rents totaling $203,884.80 All information believed to be accurate however, not guaranteed. Buyer and Buyer's agent responsible to verify. All information believed to be accurate however, not guaranteed. Buyer and Buyer's agent responsible to verify.

Location

State MI

County Montcalm

Direction M-46 between Saterlee And Youngman

Interior

Interior Features Broadband

Heating Forced Air

Cooling Central Air

Inclusions Other, Real Estate

Exterior

Utilities Available Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Metal

Street Surface Paved

Total Parking Spaces 34

Building

Building Description Block,Concrete,Brick,Metal Siding, Barrier Free,Bath Common Area,Expandable,Multi User Facility,Outdoor Storage

Foundation Permanent, Concrete Perimeter, Block

Sewer Septic Tank

Water Well

Structure Type Block,Concrete,Brick,Metal Siding

New Construction No

Schools

School District Lakeview

Others

Tax ID 004-017-006-010

Ownership Proprietorship

Acceptable Financing Conventional, Other, Cash

Listing Terms Conventional, Other, Cash

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Listed by Keller Williams GR North

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Sherie Berry

Sherie Berry

+1(616) 581-3294

Agent | License ID: 6501452737

Agent License ID: 6501452737

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