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107 S MAIN ST, Almont, MI 48003-1067 (MLS # 21536006)

Price $1,575,000
Status Active
Size 9,000 sq ft
Lot Size 5,227 sqft
Days on Market 102
Commercial 2-Story, 9,000 sq ft building (C-1), located in high-traffic corner of growing Village of Almont. Lower unit is leased to a very popular restaurant. Upper unit can accommodate one tenant or be divided to meet the needs of multiple units (100-3000 sq. ft.). Potential 6% cap rate once fully leased. Municipal parking in the rear of the building. Access to second floor at front and rear entrances, building also has an elevator. Seller is offering land contract terms for building/real estate ($500,000 down, 7%, $7000/mo. 7 years, $881,000 balloon). Current tenant lease and financials are available with proof of funds.
Property Type(s): Commercial
Last Updated 12/15/2018 Tract VILLAGE OF ALMONT ORIGINAL TOWN OF NEWBURGH
Year Built 1999 Community Almont (44020)
County Lapeer

Additional Details

AREA Almont (44020)
BASEMENT Slab
CONSTRUCTION Brick
EXTERIOR Frontage: 40
HEAT Forced Air
INTERIOR 220 Volt Power, Cable TV Available, Elevator(s), Medical/Dental, Office, Restaurant, Retail, Service
LOT 5227 sq ft
LOT DIMENSIONS 40 x 132
SEWER Public Sanitary
SUBDIVISION VILLAGE OF ALMONT ORIGINAL TOWN OF NEWBURGH
WATER Public Water
ZONING Commercial

Location

 

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Listing with MLS: , RE/MAX Nexus

Source MLS: MiRealSource

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