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228 N Chestnut Richmond Twp, MI 49677
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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
Sold Date 03/18/24
Originating Board Aspire North REALTORS®
Year Built 1953
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 99x109
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
Heat Source Natural Gas
Exterior
Accessibility Disabled Access
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Block/Concrete/Masonry
Schools
School District Reed City
Others
Tax ID 5211800200
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Unknown/Data Share Listings
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