9938 Honor Hwy - Storefront Retail/Office FOR SALE


Honor, MI 49640
$550,000 USD
231-882-4449
9938 Honor Hwy, Honor, MI for Sale
$550,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

9938 Honor Hwy
Honor, MI 49640


HIGHLIGHTS

  • Entire building is well lighted and in excellent condition.
  • Baths in all units. Irrigated lawn.

OVERVIEW

6000 sq ft retail, service and office building on US 31 between Beulah and Honor. Three tenants occupy: Owner currently occupies 1200 sq ft; tenant 2 occupies 1200 sq ft; tenant 3 occupies 3600 sq ft. currently tenants 2 and 3 yearly rent is $28,500. Additional property is available for parking or expansion Separate A/C, heat, electric for each unit.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

Commercial

APN/PARCEL ID

10 02 107 108 10

ASK ABOUT THIS PROPERTY

Robert WeisbrodtReal Estate OneMore Info
231-882-4449

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Robert WeisbrodtReal Estate OneMore Info
231-882-4449

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