880 Michigan Avenue

Price: $ 185,000.00
Square Ft.: 1500
Price/SQFT: $ 123.33

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.

Basic Features:

Listing # 1918286
City: Baldwin
State: MI
Zip: 49304
Area: Lake
Neighborhood:
Acres: 0.08
Square Ft: 1500

Additional Features:
Basement: Slab Location: Inside Lot
Business Included: No Lot:
Business Name: none Miscellaneous:
Construction: Block Documents:
Zoning: Commercial Possession: Negotiable,Subject to Tenants Rights
Deeded Water: No Property Status: Active
Dimensions: 22x150 Real Estate Included:
Directions: East side of Michigan Ave between 8th St and 7th St Remodeled:
Days On Market: 128 Road Frontage: Public Maintained
Days On MLS: 128 Roofing: Membrane
ECO Features: No For Sale Or Lease: For Sale
Extras: None For Sale Or Rent: For Sale
Financing: Special Assessment:
Floor Type: Township: Pleasant Plains
Heating/Cooling: Natural Gas,Electric Vacant: No
Heating/Cooling Type: Central Air Water:
Inventory Included: No Year Built: 1950
Licenses: None  

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