Bought with Scott C Hardy • Coldwell Banker Schmidt Traver
$215,000
$229,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
114 S Division Street Bellaire, MI 49615
1,569 SqFt
Key Details
Sold Price $215,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,569 sqft
Price per Sqft $137
Subdivision Mi
MLS Listing ID 1929143
Sold Date 04/30/25
Year Built 1980
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions irregular
Property Sub-Type Office
Property Description
Great investment opportunity in Bellaire! This 1,569 SF office building sits on approximately 0.43 acres and is only one minute from downtown Bellaire. The main floor features 5 offices, a conference room, a kitchenette, and a restroom. The second floor is accessed via spiral staircase and features 3 offices and 2 restrooms. The building features a unique design and the second floor offices include covered outdoor balconies. Priced at an 9.54% CAP in year 1 based on current lease with tenant.
Location
State MI
County Antrim
Zoning Commercial
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Forced Air
Exterior
Exterior Feature Vinyl
Roof Type Asphalt,Membrane
Present Use Office Building
Road Frontage Public Maintained
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 05-41-030-013-00
Ownership Private Owner
Acceptable Financing Commercial Loan, Cash
Listing Terms 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