Location - Location - Location! 2 Commercial Buildings For Sale

Office for Sale
Catylist Listing ID: 29967954
Property Subtypes: Flex Space, Office Building, Other
Building Size (RSF): 1,536 SF
Gross Building Area: See Agent
Gross Land Area: 0.40 Acres
Sale Price: $189,000
Unit Price: $123.05 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/13/2016

Overview / Comments

LOCATION - LOCATION - LOCATION Two great commercial buildings with proven rental history. Located at the Detour light, these buildings are exposed to M-134 traffic and the Drummond Island Ferry. Currently the office of Lighthouse Insurance, building 1 offers 800 sq ft of office space. Building 2 is a single unit apartment with 738 sq ft. Both buildings are in excellent condition. Great investment opportunity with proven earnings. Call today for details.

Current Tenants

Tenant Business Name Lighthouse Insurance
Industry Type Finance and Insurance
Is Renting? Yes
SF of Space Occupied 800 SF

Additional Details

Nearest MSA: Sault Ste. Marie
County: Chippewa
Tax ID/APN: 041-732-007-00
Property Visibility: Excellent
Highway Access: Yes
Total Number of Buildings: 2
Roof Type: Other
Total Parking Spaces: 25
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SEC 35 T42N R4E DAWSON SUB LOTS 7 & 8 BLOCK 32

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 900 900 900
Median Age: 60.04 60.04 60.04
Households: 464 464 464
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