Richmond Twp, MI 49677,228 N Chestnut

$150,000

Est. payment /mo

$150,000

Est.Price: ?

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228 N Chestnut Richmond Twp, MI 49677

1,440 SqFt

SOLD DATE : 03/18/2024

Key Details

Sold Price $150,000

Property Type Commercial

Sub Type Business Opportunity

Listing Status Sold

Purchase Type For Sale

Square Footage 1,440 sqft

Price per Sqft $104

MLS Listing ID 78080013669

Year Built 1953

Lot Size 0.320 Acres

Property Description

Single tenant property with NNN lease to H&R Block to 2026. Located just north of downtown Reed City and close to Pere Marquette and White Pine bike paths. Easy access to US10 and US131. Corner lot with pylon sign and plenty of parking. Recent updates include new flooring. Great investment opportunity available at a 10.4% cap rate. Long-term H&R Block tenant. Additional single tenant properties leased to H&R Block available to purchase.

Location

State MI

County Osceola

Area Richmond Twp

Zoning Commercial

Interior

Heating Forced Air

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block/Concrete/Masonry

Schools

School District Reed City

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Bill Somerville of Three West, LLC
Bought with NON-MLS MEMBER OFFICE
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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