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    429 N State Street

    Big Rapids, MI 49307
    • $254,900
    • STATUS: Active
    • ON SITE: 246 days
    • ID#: 65020049290
    UPDATED: 82 min ago
    $254,900
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,996
      SQFT
    • $128
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:
    Area:
    Zoning:
    Commercial
    Lot Size Dimensions:
    102' X 159'

    School Ratings & Info

    School District:

    Description

    Welcome to this unique business opportunity of owning two investment properties in one! Two family home(red 1-1/2 story) and a restaurant business on the same property. Restaurant building is currently leased as sandwich shop offering dining, take out, or delivery service.(under lease until 2024 with buyout options available.) Two family rental home offers upstairs unit with 1BR/1BA/Kitchen and downstairs with 3 BR/1BA/Kitchen. Current lease expires 7/31/2020. Very good rental history and occupancy with both units. Many updates to both units including, roof, siding, windows, electrical, water heaters, rain gutters, front porch, furnace(restaurant), insulation, appliances (apt.) and more! 12x18 storage garage included. Tenant pays water/sewer, mowing, snowplowing, and garbage service

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    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Novak & Associates | Real Estate One 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: 2021-09-26T15:57:23.17.
    www.dannovakproperties.com/homes/113544262
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    429 N State Street Big Rapids, MI 49307

    • Price: $254,900
    • Status: Active
    • Updated: 82 min ago
    • ID#: 65020049290
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    1,996
    SQFT
    $128
    $/SQFT
    1920
    Built
    Neighborhood:
    Big Rapids
    County:
    Mecosta
    Area:
    Big Rapids
    School District:
    Big Rapids
    Property Description
    Welcome to this unique business opportunity of owning two investment properties in one! Two family home(red 1-1/2 story) and a restaurant business on the same property. Restaurant building is currently leased as sandwich shop offering dining, take out, or delivery service.(under lease until 2024 with buyout options available.) Two family rental home offers upstairs unit with 1BR/1BA/Kitchen and downstairs with 3 BR/1BA/Kitchen. Current lease expires 7/31/2020. Very good rental history and occupancy with both units. Many updates to both units including, roof, siding, windows, electrical, water heaters, rain gutters, front porch, furnace(restaurant), insulation, appliances (apt.) and more! 12x18 storage garage included. Tenant pays water/sewer, mowing, snowplowing, and garbage service
    Exterior Features

    Construction Materials Block/Concrete/MasonryBrickOtherFrameVinylWood Foundation Details BasementPartial Basement Lot Size Dimensions 102' X 159' Road Frontage Feet 102 Road Frontage Type Paved Roof Material Composition

    Interior Features

    Commercial Utilities Security Alarm Heating Cooling Forced AirCentral Air Heating Fuel Natural Gas Room Count 0

    Property Features

    Commercial Type Business And Real EstateBusiness Opportunity Current Use Restaurant (Sm. Bldg.) Apartments (Red Bldg.) Gross Scheduled Income 33600.00 Listing Financing CashConventionalLease Postal City Big Rapids Settlement City Sewer Sewer-Sanitary Short Sale Unknown Tax Amount Summer 9745.0000 Title Corporate/Relocation Total Tax 9745.0000 Unparsed Address 429 N State Street Water Source Municipal Water Year Remodeled 2005 Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Century 21 Affiliated (Gr) and Greater Regional AOR MLS, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Novak & Associates | Real Estate One 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: 2021-09-26T15:57:23.17.
     
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