$29,500
$40,000
26.3%For more information regarding the value of a property, please contact us for a free consultation.
108 N NEWTON Street Fulton Twp, MI 48856
800 SqFt
Key Details
Sold Price $29,500
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $36
Subdivision Village Of Middleton
MLS Listing ID 20230033877
Sold Date 09/25/23
Originating Board Realcomp II Ltd
Annual Tax Amount $608
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 100X100
Property Description
For Sale - Only $40,000 with a 13.5% Cap Rate!!
Tenant occupied with an affordable $450 / month lease
This downtown office building was previously an insurance office and was in great shape to start. The current tenant runs a construction company and is continually making improvements as well.
The building also has a secure bank vault! It is close to the expressway, only 40 min from Lansing.
Contact me direct for further details.
Location
State MI
County Gratiot
Area Fulton Twp
Zoning Office
Direction NA
Exterior
Road Frontage Class A
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Vinyl
Schools
School District Fulton
Others
Tax ID 0511001200
Ownership Broker/Agent Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Full Service
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Bought with Bricks + Mortar Group