6170 US-31 N

Price: $ 619,000.00
Square Ft.: 4720
Price/SQFT: $ 131.14

Fully Leased Investment Property with a solid 10% net return. Contemporary Office building, located in a high traffic count area with great signage and visibility. Quality tenants in place. 2,360 sf upper floor leased to Crystal Lake Clinic and 2,360 sf lower walk out level leased to Ability Plus Home Health Care. Crystal Lake Clinic has completed a major renovation to meet the needs of their medical use. The lower floor meets the needs of the tenant perfectly. Lower level is leased at below market rents leaving room for additional up-side in the future. The property includes a separate 1,000 sf rental home for added income. Many windows provide abundant natural lighting. Financials available upon request.

Basic Features:

Listing # 1842683
City: Acme
State: MI
Zip: 49601
Area: Grand Traverse
Neighborhood:
Acres: 0.72
Square Ft: 4720

Additional Features:
Basement: Full,Walkout Location: Freestanding
Business Included: No Lot:
Business Name: N/A Miscellaneous:
Construction: Timber Frame Documents:
Zoning: Office,Retail Possession: At Closing,Subject to Tenants Rights
Deeded Water: No Property Status: Active
Dimensions: irregular Real Estate Included: Yes
Directions: Just north of the intersection of US-31 and M-72 in Acme. Remodeled:
Days On Market: 407 Road Frontage: Public Maintained
Days On MLS: 407 Roofing: Asphalt
ECO Features: No For Sale Or Lease: For Sale
Extras: Other For Sale Or Rent: For Sale
Financing: Special Assessment:
Floor Type: Township: Acme
Heating/Cooling: Natural Gas Vacant: Yes
Heating/Cooling Type: Forced Air Water:
Inventory Included: No Year Built: 1999
Licenses: None  

Listing courtesy of Three West, LLC
1131 E. Eighth Street , Traverse City , MI 49686