78 I-75BL, Grayling, MI 49738 (MLS# 201827801)
78 I-75BL, Grayling, MI 49738
$695,000
Property Type:
Commercial
Status:
Active
Current Price:
$695,000
List Date:
1/15/2024
Last Modified:
2/23/2024
Description
Prime Investment Opportunity! This prime investment opportunity is conveniently located just outside of Grayling on N I-75 business loop. With a high occupancy rate and gross monthly income of 12k, this property offers excellent potential for profit. Featuring seven buildings, including ten efficiency units, some with kitchenettes; a large one-bedroom apartment; a duplex with two spacious one-bedroom units; a duplex cabin with two nice two-bedroom units, a charming two-bedroom house, and even a mobile home. Additionally, there is a large partially heated pole barn on-site, laundry room for your tenants, and two brand new water heaters installed. Don't miss out on this lucrative chance to expand your portfolio! Owner is a licensed real estate agent.
More Information MLS# 201827801
Contract Information
Current Price: $695,000
Begin Date: 2024-01-15
List Price: $695,000
Status: Active
Property Information
Type: Business Op
Realtor.com Type: Commercial
For Sale or Rent: S
Lot Size Dimensions: 2.5 Acres
Bus/Invtry Descrip: N/A
Location, Tax and Legal
County: Crawford
St. #: 78
Street Name: I-75BL
State: MI
Zip Code: 49738
Ownership Status: Owner
Township/City/Village: Grayling
Subdivision or T/R: T27N R3W
Directions and Remarks
Directions: from North Down River Rd and I-75 Business loop, north on I-75 BL for 1 mile to the property on east side of the road
Sign
Sign: Yes
Taxes and Possession
Association Dues: No
Property Features
Business Information: Business Opportunity; Income Property
Present/Ptntl Use: Rental
Construction: Concrete Block; Frame
Electric: On Site
Gas: On Site
Water: Well
Sewer: Septic
Heat/Air: Baseboard; Electric; Forced Air; Natural Gas
Basement: Slab
Extras: Furnished; High Visibility; Highway Access; Laundry; Living Quarters; Storage
Road: Blacktop; Paved
Drive: Blacktop
Parking: Paved
Occupant: Tenant
Showing Instructions: Appointment Only; Rented; Showingtime
Terms: Cash; Conventional Mort
Listing Office: The TEAM Real Estate Group
Last Updated: February - 23 - 2024
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