124 E Superior St - Storefront Retail/Office FOR SALE


Alma, MI 48801
$164,999 USD
989-463-1219
124 E Superior St, Alma, MI for Sale
$164,999 USD
Storefront Retail/Office - FOR SALE
1/13
null | Request Cap Rate

124 E Superior St
Alma, MI 48801


HIGHLIGHTS

  • 3 Commerial tenants all on month to month leases
  • Property is in the heart of the Downtown Business District
  • Upstairs has potential to be remodeled and made into approximately 3 apartments with proper zoning approval

OVERVIEW

AN INVESTOR'S DREAM! Opportunities like this do not come along every day! Located in the heart of downtown Alma, three long-term tenants occupy the main floor, offering $1550.00 per month in rental income. But wait! Here's the best part...the second floor offers an additional 3000 sq ft of amazing POTENTIAL! With the necessary permits and approval, there is easily enough space to convert this blank slate into 3-4 apartments, allowing you to double, if not triple your monthly income! The possibilities are endless! Definitely not a drive by, call your Realtor today to schedule a closer look!

FOR SALE DETAILS

PRICE

$164,999 USD

PRICE/SF

$42 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dew Point Two Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

51-031-261-00

ASK ABOUT THIS PROPERTY

Micah Kemler43 NORTH REALTYMore Info
989-463-1219

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Micah Kemler43 NORTH REALTYMore Info
989-463-1219

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.