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703 Frankfort Avenue

Elberta, MI 49628
  • $460,000
  • STATUS: Active
  • ON SITE: 1181 days
  • MLS #: 1846206
UPDATED: 48 min ago
$460,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,395
    SQFT
  • $85
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1863
County:
Area:

School Ratings & Info

Description

Great income opportunity. Commercial building located in beautiful downtown Elberta, Michigan. This building has been completely renovated and has a 98% rental success rate. Now occupied are the three rental apartments upstairs and the two commercial spaces on the street level. The four car garage on the south corner of the property is leased individually and fully occupied.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-08-03T16:52:04.833.
www.housestraversecity.com/homes/83395020
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703 Frankfort Avenue Elberta, MI 49628

  • Price: $460,000
  • Status: Active
  • Updated: 48 min ago
  • MLS #: 1846206
0
Beds
0
Baths
0
½ Baths
0.2
Acres
5,395
SQFT
$85
$/SQFT
1863
Built
Neighborhood:
Village Of Elberta
County:
Benzie
Area:
Benzie
Property Description
Great income opportunity. Commercial building located in beautiful downtown Elberta, Michigan. This building has been completely renovated and has a 98% rental success rate. Now occupied are the three rental apartments upstairs and the two commercial spaces on the street level. The four car garage on the south corner of the property is leased individually and fully occupied.
Exterior Features

Construction Frame Exterior Features Vinyl Foundation Crawl SpaceSlab Lot Dimensions 75 X 1157 Parking AssignedParking GarageStreet Parking Road BlacktopPublic Maintained Roof MembraneMetal

Interior Features

Heating Cooling Type Central AirForced AirHot Water

Property Features

Business Incl No Business Name --None-- Deeded Waterfront No Documents On File Agency Disclosure Eco Features No Extras 12Ft Ceiling HeightAdditional BuildingsFurniture/FixturesOverhead Door(S) Heating Cooling Source Natural Gas Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right To Sell Location Corner Lot Percent Of Remodel 95 Possession Month To Month TenantNegotiableSubject To Tenants Rights Present Use Other Real Estate Incl Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 34 Sewer Municipal Terms 1031 ExchangeCashCommercial LoanConventional Mortgage Township Gilmore Type Retail/Commercial Type Of Ownership Private Owner Univs Design Barrier Free Bathroom SinkCovered EntranceGrab BarsMain Floor AccessNo Steps EntryRaised ToiletWidened Doors Vacant Land No Water Municipal Water Year Remodeled 2004 Zoning CommercialResidentialRetail



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-08-03T16:52:04.833.
 
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