Scottville, MI 49454,101 N Main Street
$310,000
$395,000
21.5%
Est.Price: ?

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4,600 SqFt

101 N Main Street Scottville, MI 49454

Est. payment /mo
SOLD DATE : 01/04/2023

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Key Details

Sold Price $310,000

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 4,600 sqft

Price per Sqft $67

MLS Listing ID 69022038465

Sold Date 01/04/23

Originating Board Southwestern Michigan Association of REALTORS®

Year Built 1930

Annual Tax Amount $4,124

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 46x48

Property Description

At the main crossroads in downtown Scottville, and minutes from Ludington and Lake Michigan, awaits this exceptional income producing opportunity. Ideal for a business owner or professional. Daily traffic count is 10,000+. Once used as a bank, this historic building now houses 3 newly renovated apartments on the upper floor, and open commercial space in the main floor with multiple potential uses. Upstairs Studio, 2- & 3-Bed Apartments begin new leases in September of 2022 with a total income of $3600/month. Main Floor Commercial space features 1.5 baths, a Kitchenette, a Conference Room, multiple offices, and a main lobby area. Basement features abundant storage space. Most recently used as a business center for multiple tenants. Price is supported by apartment rental income alone.

Location

State MI

County Mason

Area Scottville

Zoning Other

Direction US-10 East to City Of Scottville. Property On Northwest Corner Of State St. & Main St.

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Waterfront no

Roof Type Other

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water 3rd Party Unknown, Public (Municipal), Water at Street

Structure Type Brick,Frame,Stone,Wood

Schools

School District Mason County Central (Scott

Others

Tax ID 05212400700

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by David S Kreager of Michigan Lifestyle Properties
Bought with Greenridge Realty S Rath

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Dylan Tanaka

Broker Associate | License ID: 6506046373

+1(248) 609-3030

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