202 Bridge St - Freestanding FOR SALE
Houghton, MI 49931 |
202 Bridge St
Houghton, MI 49931
HIGHLIGHTS
- Extremely Low Competition: Closest Sherwin-Williams, Lowe's & Home Depot are over 1 hour and 45 minute drive away, making this the go-to location.
- Sherwin-Williams is responsible for any increase to taxes over and above the base year amount (base year created in 1993)
- Roof redone 9/18/2020 with ten-year warranty
- Sherwin-Williams has been at this site since 1991 (over 32 years) increasing likelihood of exercising their remaining (2) five-year renewal options.
- Subject represents a great investment property for a 1031 exchange options for first time investors
- Sherwin-Williams has been at this site since 1991 (over 32 years) increasing likelihood of exercising their remaining (2) five-year renewal options.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Sherwin-Williams
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
5251
STORIES
1
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
18
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
052-245-004-00
