Kathy FlemingReed City Realty, REALTOR®,

231-388-2454

10300 W Howard City-Edmore, Lakeview, MI 48850

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$475,000
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  • Bedrooms  
  • Bathrooms 3
  • SQ. FT.  
  • Schools Lakeview
  • County Montcalm
  • Township Cato Twp
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms 3 (F)
  • Basement  
  • Garage  
  • Acreage 2.56
  • Heat Type Forced Air
  • Central Air Central Air
  • Year Built 1975
  • Style  
  • Exterior  
  • Taxes  
  • SEV 138400
  • Zoning Commercial
  • Parcel 004-017-006-010
  • Lot Size 200x200

Features

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.

Directions M-46 between Saterlee And Youngman
Listing Courtesy of Tenneil Lemmen - Keller Williams GR North

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