10300 W Howard City-edmore

Lakeview, MI 48850
  • $475,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 6,068

    SqFt

About the Listing 73663 - MR78867,MR823204

In today's economy choose the wise investment of land - supply and demand- it is the one thing no one can make more of! With an annual Net operating income of nearly $30k and a guaranteed ROI over 6% for the next 5 years- this property leased until 12/31/31, by the State of Michigan, with expanding opportunities as urban sprawl continues and the village of Lakeview (less than 2 miles away) begins to outgrow its borders. Zoned R-R with commercial approval who is to say how high the generated income on this property could go? Take consideration and do not let these dollars pass you by. Square Footage: 6,068 sq ft Valuation calculated by historical purchase price x inflation and investment alongside the current SEV and current lease rents totaling $203,884.80

Listing Highlights

Status Active
Days on Site 13
Property Type Commercial Sale
MLS ® 70546725
Year Built 1975
Total Square Footage 6,068
Lot/Acreage 2.56

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 6068
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 200x200
  • Zoning: Commercial
  • Roof: Metal
  • Others:
  • Sewer:
  • Parking Features: 21+ Spaces

Financial Details

  • Tax Amount: $63,502
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2021

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

10300 W Howard City-edmore Lakeview, MI 48850

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Originating MLS: Greater Regional Alliance of REALTORS

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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