Courtesy of Keller Williams GR North, Tenneil Lemmen

10300 W Howard City-Edmore RD, Lakeview, Michigan, 48850

$475,000
6,068 Sqft
2.56 Acres
3 ba
#26037049
In today's economy choose the wise investment of land - supply and demand- it is the one thing no one can make more of! With an annual Net operating income of nearly $30k and a guaranteed ROI over 6% for the next 5 years- this property leased until 12/31/31, by the State of Michigan, with expanding opportunities as urban sprawl continues and the village of Lakeview (less than 2 miles away) begins to outgrow its borders. Zoned R-R with commercial approval who is to say how high the generated income on this property could go? Take consideration and do not let these dollars pass you by. Square Footage: 6,068 sq ft Valuation calculated by historical purchase price x inflation and investment alongside the current SEV and current lease rents totaling $203,884.80 All information believed to be accurate however, not guaranteed. Buyer and Buyer's agent responsible to verify.

PROPERTY FEATURES

  • Business Type : Other, Professional/Office, Professional Service, Distribution, Storage, Retail, Recreation, Manufacturing
  • Utilities : Natural Gas Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
  • Water Source : Private, Well
  • Sewer : Septic Tank
  • Parking Features: Paved
  • Parking Total: 34
  • Zoning Description : Commercial
  • Cooling on Property:
  • Cooling: Central Air
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Block, Concrete, Brick, Metal Siding
  • Roof: Metal
  • Road Surface Type: Paved
  • Basement on Property:
  • Other Structures: Storage
PROPERTY DETAILS
ID: 26037049
Status: Active
Price: $475,000
Acres: 2.56 Acres
Price Per Acre: $185,547
Type: Other
Address: 10300 W Howard City-Edmore RD
City, State: Lakeview, Michigan
County: Montcalm
Zip Code: 48850
Lat/Long: 43.431743, -85.288021
Presented By: Tenneil Lemmen
Phone:
Email: Click to Contact