NEW! Buy and sell safely with virtual options - Learn More
About the Listing 18041 - 214643
OWN THE BLOCK ON ASHMAN! An exceptional investment opportunity in Midland, Michigan! This high-performing, mixed-use complex features a diverse and stable income stream across 14 residential units, 4 commercial spaces and an additional detached single family house all situated on a strategically located parcel in the heart of the City near downtown, schools, and shopping. The entire portfolio has professional property management in place with several of the units recently upgraded by current ownership in 2025 (see 2025 YTD P&L for details). The portfolio is at or near full occupancy with a 2026 pro forma net operating income projected at over $70,000+ and an estimated 8.76% cap rate. Also potentially available is 906 Ashman adjacent to the building. Buyer may tour any vacant units prior to offer acceptance and may then tour the entire building during due diligence.
Listing Highlights
Status
Active
Days on Site
15
Property Type
Commercial Sale
MLS ®
50195472
Year Built
9999
Total Square Footage
8,006
Lot/Acreage
0.34
County
Midland
Area
Midland (56020)
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 8006
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: Irregular
- Zoning: Commercial
- Roof:
- Others:
- Sewer: Public Sanitary
- Parking Features: 11-20 Spaces
Financial Details
- Tax Amount: $12,395
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
902 E Ashman Midland, MI 48642
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
