Bought with Bill Somerville • Three West, LLC
$160,000
$185,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
880 Michigan Avenue Baldwin, MI 49304
1,500 SqFt
Key Details
Sold Price $160,000
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $106
Subdivision Mi
MLS Listing ID 1918286
Sold Date 08/01/24
Year Built 1950
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 22x150
Property Sub-Type Retail/Commercial
Property Description
Single tenant property with NNN lease to H&R Block expiring in 2027. Michigan Ave (M37) downtown Village of Baldwin location next to the 876 Baldwin restaurant. Three blocks south of US10. Includes rear parking with additional street parking and rear public parking lot. New roof in 2024 and other recent updates include new flooring. 11% cap rate. 3 Phase electric available. H&R Block location since 1994. Located in Opportunity Zone. Baldwin is the county seat and known for trout fishing in the area.
Location
State MI
County Lake
Zoning Commercial
Rooms
Basement Slab
Interior
Heating Central Air
Cooling Central Air
Exterior
Exterior Feature Brick
Roof Type Membrane
Present Use Office Building,Retail Store
Road Frontage Public Maintained
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 41-113-015-50
Ownership Private Owner
Acceptable Financing Conventional Mortgage, Commercial Loan, Cash
Listing Terms Conventional Mortgage, Commercial Loan, Cash
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP