MLS Public Remarks  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.

http://www.www.jjrealtors.com.com/1914367

AGENT/COMPANY DETAILS  

LOCATION  

Township  City of Mt. Pleasant

Directions  MISSION TO BROOMFIELD, WEST TO PROPERTY

HOUSE DESCRIPTION  

Fin Below Grd SqFt  0

Total Fin SqFt  5,166

Price/SqFt  $86

Current Use  Restaurant/Food Service,Other

Unfinished SqFt  0

Above Grade Finished SqFt  0

CDOM  268

Sub Property Type  Retail/Commercial

Year Built  1980

Days on Market  268

ASSESSMENT/SCHOOLS   

Land Assessment  -

Improvements  -

Net Taxes  $7600

Acreage  0.51

Taxes  $7600.0

Tax Year  -

Summer Taxes  $5700

Winter Taxes  $1900

LOT DESCRIPTION  

Lower Level Square Footage  0

Waterview  N

Waterfront  N

For Lease/Rent  N

Est. Total Acres  0.51

Lot Dimensions  96 X 233

WaterFrontage   0

INTERIOR FEATURES  

Heating  Central Air, Forced Air, Natural Gas

Cooling  Central Air, Forced Air, Natural Gas

Water  Municipal Water

Zoning  Commercial

Heating  Central Air, Forced Air, Natural Gas

EXTERIOR FEATURES  

Garage  0.0

Basement details  Slab

Sewer  Municipal

Features  None

Parking Desc  Paved

Exterior Features  Brick

Terms/Misc.  Cash, Commercial Loan, Conventional

Possession  Subject to Tena

DETAILS  

Variable Commission  129875

Status Change Date  05/03/2024

Listing Date  08/09/2023

Internet/IDX  Y

Pending Date  04/09/2024

Co-Listing Agent Name  Bob Fall

Licensee Interest  None

Proposed Close Date  04/09/2024

LISTING OFFICE DETAILS  

Listing Office   Century 21 Lee-Mac Realty

Office Address   605 W WARWICK DRIVE

Listing Number   1914367

THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Friday, May 17, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.