Skip To Content
    Return to Previous Page

    107 E State Street

    Mancelona, MI 49659
    • $299,500
    • STATUS: Active
    • ON SITE: 457 days
    • MLS #: 321265
    UPDATED: 130 min ago
    $299,500
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,400
      SQFT
    • $15
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1908
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Business opportunity of a lifetime! This 20,000+ square foot building is located in the heart of northern Michigan, on the corner of high traffic US-131 and M-88. An average of 9000+ cars pass through this intersection daily and this has increased 33% in the past year. This cornerstone building of Mancelona has 3 stories and the possibilities are endless for a creative entrepreneur. It is the perfect place for a much-needed bar/restaurant. There is also the possibility of retail, office and/or multiple apartments in an area with a shortage of rental housing. This building is located in an ''Opportunity Zone'' which offers investors a special break on taxes and capital gains. This historic gem was built in 1908, and has had multiple uses over the years. The main building was a PNC bank

    Monthly Payment Calculator



    © 2020 Empire Access Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Northland. Data last updated: 2020-12-04T23:32:49.05.

    www.c21northland.com/homes/98624889
    Print Image

    107 E State Street Mancelona, MI 49659

    • Price: $299,500
    • Status: Active
    • Updated: 130 min ago
    • MLS #: 321265
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    20,400
    SQFT
    $15
    $/SQFT
    1908
    Built
    Neighborhood:
    Mancelona
    County:
    Antrim
    Area:
    Mancelona
    School District:
    Mancelona
    Property Description
    Business opportunity of a lifetime! This 20,000+ square foot building is located in the heart of northern Michigan, on the corner of high traffic US-131 and M-88. An average of 9000+ cars pass through this intersection daily and this has increased 33% in the past year. This cornerstone building of Mancelona has 3 stories and the possibilities are endless for a creative entrepreneur. It is the perfect place for a much-needed bar/restaurant. There is also the possibility of retail, office and/or multiple apartments in an area with a shortage of rental housing. This building is located in an ''Opportunity Zone'' which offers investors a special break on taxes and capital gains. This historic gem was built in 1908, and has had multiple uses over the years. The main building was a PNC bank
    Exterior Features

    Construction BlockBrickConcrete Block Drive Concrete Lot Size Dimensions irregular174x100x150x50 Parking Parking LotPavedStreet Parking Road Blacktop

    Interior Features

    Basement Block FoundationFull BasementPartial FinishPoured Concrete FndStone Foundation Heat Air Central AirForced AirHot WaterNatural Gas

    Property Features

    Accessibility 36 in =/+ Hallway36 in Entrance DoorNo-Step EntranceRocker Light Switch Bus Invtry Descrip Large Commercial Building With Multiple Opportunities. Business Information Business OpportunityReal Estate Only Current Zoning Commercial Electric Master Extras High VisibilityRestroom (S)Storage For Sale Or Rent S Gas Master How Sold Cash In City Limits Yes Internet Access Cable Ownership Status Corporation Present Potential Use ServiceVacant Building Sewer Municipal Subdivision Or TR T30n R6w Terms CashCash To New Mortgage Township City Village Mancelona Type Business Op Water MasterMunicipal

    Listing information © 2020 Water Wonderland Board of Realtors, Inc.


    © 2020 Empire Access Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Northland. Data last updated: 2020-12-04T23:32:49.05.

     
    https://bt-photos.global.ssl.fastly.net/waterwonderland/1280_boomver_1_321265-2.jpg https://bt-photos.global.ssl.fastly.net/waterwonderland/1280_boomver_1_321265-2.jpg https://bt-photos.global.ssl.fastly.net/waterwonderland/1280_boomver_1_321265-2.jpg
    Logo
    CENTURY 21 Northland
    241 E State Street
    Traverse City MI, 49684