Homes for sale - 68050 S Main Street, Richmond, MI 48062

REQUEST A TOUR

Mon

Dec

Tue

Dec

Wed

Dec

Chris Hubel

chris@chrishubel.com +1(248) 568-6030

$ 259,999

Est. payment -/mo

Save

Active

68050 S Main Street Richmond, MI 48062

1,520 SqFt

UPDATED:

12/02/2024 02:06 PM

Key Details

Property Type Commercial

Sub Type Business Opportunity

Listing Status Active

Purchase Type For Sale

Square Footage 1,520 sqft

Price per Sqft $171

MLS Listing ID 58050158637

Originating Board MiRealSource

Year Built 1905

Annual Tax Amount $7,848

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 78x155

Property Description

*For Sale: Income-Producing 3-Bedroom Rental Home "“ $259,999** More than one excellent investment opportunity awaits with this income-producing rental home located next to Dairy Queen in downtown Richmond. This 3-bedroom, 1-bathroom property was formerly a successful live/work space for a massage therapy provider that served the community for nearly 20 years. The current tenants wish to remain, offering immediate rental income potential, or you can reclaim the property and transform it into your own live/work space. With endless potential and flexibility, this property is also available as part of a redevelopment package with two neighboring businesses, offering a total of 183' of prime Main Street frontage that capture l 25,000 daily passing vehicles (DPD), this location is ideal for future growth and business opportunities as a mixed-use property. Ask about State of Michigan grants for development of housing in growing rural development zones. Don't miss this rare opportunity to invest in both residential and commercial potential! Offered at just $259,999.

Location

State MI

County Macomb

Area Richmond

Zoning Commercial,Multi-Family

Interior

Hot Water Natural Gas

Heating Forced Air, Central Air

Exterior

Roof Type Shingle

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Richmond

Others

Tax ID 070601163002

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Contract, Other

Listing Terms Cash, Contract, Other

Financing Cash,Contract,Other

Special Listing Condition Full Service

Listed by Joan Schinderle-King of Realty Executives Home Towne Chesterfield