107 S Main St, Almont

$1,499,000

0 Beds
0 Baths
9,000 Sqft
.12 Acres
0 Garages

Commercial 2-Story, 9,000 sq ft building (C-1), located in high-traffic corner of growing Village of Almont. Lower unit is leased to a very popular restaurant. Upper unit can accommodate one tenant or be divided to meet the needs of multiple units (100-3000 sq. ft.). Potential 6% cap rate once fully leased. Municipal parking in the rear of the building. Access to second floor at front and rear entrances, building also has an elevator. Seller is offering land contract terms for building/real estate ($500,000 down, 7%, $7000/mo. 7 years, $881,000 balloon). Current tenant lease and financials are available with proof of funds.

Essential Information
MLS® #21536006
Price$1,499,000
Square Footage9,000
Acres0.12
Year Built1999
TypeCommercial
Sub-TypeCommercial/Industrial
StatusActive
Source MLSMiRealSource
Originating MLSRealComp
Community Information
Address107 S Main St
AreaAlmont
CityAlmont
CountyLapeer
StateMichigan
Zip Code48003-1067
Subdivision

Village Of Almont Original Town Of Newburgh

Features

220 Volt Power, Cable TV Available, Elevator(s)

Interior
HeatingForced Air
Exterior
RoofRubber
ConstructionBrick
FoundationSlab
Additional Information
ZoningCommercial
Listing Details
OfficeRE/MAX Nexus
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Listing information last updated on August 22nd, 2019 at 3:12am EDT.

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