311 Gratiot

    Mt. Clemens, MI 48043
    • $197,000
    • STATUS: Active
    • ON SITE: 81 days
    • MLS #: 58031388696
    UPDATED: 25 min ago
    $197,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,200
      SQFT
    • $90
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1983
    County:
    Zoning:
    Commercial,Other
    Lot Size Dimensions:
    60X150

    School Ratings & Info

    Description

    **Excellent Income Opportunity! 2200 Sq Ft Mixed-Use Retail/Office Building with 4 UNITS located on Southbound Gratiot. CORNER LOT WITH GREAT EXPOSURE!! Next to the Clinton River. ALL 4 UNITS ARE CURRENTLY LEASED FOR 1 YEAR; $2375 MONTHLY NET INCOME. 10% Cap rate. Next to the Clinton River!! 10 Parking spaces. Hip Roof. Large lot behind building included. Excellent space for Accountant, Financial Planner or Attorney. Close to county/court buildings & Downtown. Cash, Loan or 1031 Exchange.

    Monthly Payment Calculator



    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-10-16T11:00:06.21.
    www.homesearchannarbor.com/homes/97320227

    311 Gratiot Mt. Clemens, MI 48043

    • Price: $197,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 58031388696
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    2,200
    SQFT
    $90
    $/SQFT
    1983
    Built
    Neighborhood:
    Butlers Add
    County:
    Macomb
    Area:
    Mount Clemens
    Property Description
    **Excellent Income Opportunity! 2200 Sq Ft Mixed-Use Retail/Office Building with 4 UNITS located on Southbound Gratiot. CORNER LOT WITH GREAT EXPOSURE!! Next to the Clinton River. ALL 4 UNITS ARE CURRENTLY LEASED FOR 1 YEAR; $2375 MONTHLY NET INCOME. 10% Cap rate. Next to the Clinton River!! 10 Parking spaces. Hip Roof. Large lot behind building included. Excellent space for Accountant, Financial Planner or Attorney. Close to county/court buildings & Downtown. Cash, Loan or 1031 Exchange.
    Exterior Features

    Construction Materials Block/Concrete/MasonryBrick SidingComposition Foundation Details Slab Lot Size Dimensions 60X150 Road Frontage Type PavedPub. Sidewalk Roof Material Asphalt Waterfront YN No

    Interior Features

    Heating Cooling Forced Air Heating Fuel Natural Gas Sq Ft Source Estimated Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0 Water Heater Fuel Natural Gas

    Property Features

    Assessment No Commercial Type CommercialReal Estate Only Exclusions YN No Land Contract YN No Listing Financing CashConv. Blend RtOther Postal City Mt. Clemens Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 110.0000 Tax Amount Winter 4944.0000 Title Private - Owned Total Tax 5054.0000 Unparsed Address 311 GRATIOT Water Source Municipal Water Zoning CommercialOther

    IDX provided courtesy of Realcomp II Ltd., via Adlhoch & Associates, Realtors and MiRealSource, ©2019 Realcomp II Ltd. Shareholders.


    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-10-16T11:00:06.21.
     
    The Toth Team - Keller Williams Ann Arbor Market Center
    2144 S State St
    Ann Arbor MI, 48104