503 E Russell Rd - Residential Income FOR SALE


Tecumseh, MI 49286
$270,000 USD
734-697-1800
503 E Russell Rd, Tecumseh, MI for Sale
$270,000 USD
Residential Income - FOR SALE
1/42
null | Request Cap Rate

503 E Russell Rd
Tecumseh, MI 49286


HIGHLIGHTS

  • Exceptionally Well-Maintained with updated mechanical features
  • 2-Bedroom Apartment on second floor for extra income
  • Lots of space; flexible to space to modify.

OVERVIEW

So much potential in this well-maintained Commercial space in Tecumseh, Michigan! Located on East Russel Rd and just minutes from Downtown Tecumseh, this property boasts 2,664 square feet, 4 separate work spaces, 2 bathrooms (1 full), front-desk reception area, laundry room and multiple storage spaces. In addition there is a 1-car garage and a 2-story barn for extra storage. Formerly a dog-grooming business and ready-to-go for a new grooming business or a Groomer looking to relocate to a larger space. This could also be a great opportunity for a Bike-Shop (search "Kiwanis Trail crowdfunding effort"), Salon, or Physical therapy office! And while you're building your business, there is a 2-bedroom apartment upstairs where you can live to save money, or you can rent it out as an income property! Bring your dreams and ideas and build your business!

FOR SALE DETAILS

PRICE

$270,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C

APN/PARCEL ID

XT0-325-0303-00

ASK ABOUT THIS PROPERTY

James MorganColdwell Banker ProfessionalsMore Info
734-697-1800

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

James MorganColdwell Banker ProfessionalsMore Info
734-697-1800

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