Commercial Building on Main Street

Retail-Commercial for Sale
Catylist Listing ID: 30296285
Property Subtypes: Street Retail, Other
Building Size (RSF): 4,698 SF
Gross Building Area: See Agent
Sale Price: $105,000
Unit Price: $22.35 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/6/2018

Overview / Comments

SELLER SAYS BRING ME AN OFFER. COMMERCIAL BUILDING FOR SALE IN DOWNTOWN CHEBOGYAN. Great location in the heart of town. We have an open floor plan that may allow for 3 possible spaces to rent, 12' ceilings in front, two furnaces and two bathrooms. We have a valuable parking lot in back that sits across public parking and dockage on the Cheboygan River. The roof has been replaced and all of the old equipment on the roof is gone. There has been a new electrical service installed after the sidewall on the side of building was replaced. This is a great opportunity.

Additional Details

Nearest MSA: Traverse City
County: Cheboygan
Submarket Type: Central Business District
Tax ID/APN: 054-B01-002-011-00
Retail Clientele: General
Property Located Between: Cheboygan New Office and Retail Business
Property Visibility: Good
Largest Nearby Street: Division Street
Feet of Frontage: 30
Airports: Cheboygan County Airport
Site Description: Commercial building with private parking in back
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Roof Type: Flat
Construction/Siding: Brick
Parking Description: Black Topped Drive - Private parking behind building

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,044 6,319 7,182
Median Age: 40.43 42.83 43.09
Households: 872 2,654 3,007

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