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1550 Co Road 633

Grawn, MI 49637
  • $490,000
  • STATUS: Active
  • ON SITE: 156 Days
  • MLS #: 1897512
UPDATED: 74 min ago
$490,000
  • 0
    BEDS
  • 2.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,847
    SQFT
  • $62
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1981
County:

School Ratings & Info

Description

Income property available at the corner of US-31 and CR 633 on 2.12 acres. Currently offers 6 rental units (1 house and 5 mobil homes). Based on current income ($55,620 ) and asking price, gross return on investment is 11.3%. Zoning allows for many uses, including retail. See documents for details on the many available possibilities for this property. There are 2 vacant building on the property. House on the northwest corner is not part of the offering. Three separate tax I.D.numbers.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2022 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2022-08-18T08:52:17.42.
www.c21northland.com/homes/126676328
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1550 Co Road 633 Grawn, MI 49637

  • Price: $490,000
  • Status: Active
  • On Site: 156 Days
  • Updated: 74 min ago
  • MLS #: 1897512
0
Beds
0
Baths
0
½ Baths
2.12
Acres
7,847
SQFT
$62
$/SQFT
1981
Built
Neighborhood:
Village Of Blackwood
County:
Grand Traverse
Area:
Grand Traverse
Property Description
Income property available at the corner of US-31 and CR 633 on 2.12 acres. Currently offers 6 rental units (1 house and 5 mobil homes). Based on current income ($55,620 ) and asking price, gross return on investment is 11.3%. Zoning allows for many uses, including retail. See documents for details on the many available possibilities for this property. There are 2 vacant building on the property. House on the northwest corner is not part of the offering. Three separate tax I.D.numbers.
Exterior Features

Construction FrameMobile Pre-1976Other Exterior Features AluminumWood Foundation None Lot Dimensions irrg Parking Other Road BlacktopPublic Maintained Roof AsphaltMetal/Steel

Interior Features

Heating Cooling Type Other

Property Features

Business Incl Yes Business Name None Deeded Waterfront No Documents On File Agency DisclosureLeasesLegal DescriptionOther Eco Features No Energy Efficient Not Applicable Extras None Gross Sales 55620 Heating Cooling Source Natural GasPropane Gas Included In Lease Other Inventory Incl No Licenses None Listing Agreement Type Exclusive Right To Sell Location Corner Lot Possession At Closing Present Use Mobile Home ParkOther Real Estate Incl Yes Renewable Not Applicable Rent Expannual 3168 Rental Incomeannual 55620 Sale Or Lease For Sale Sale Rent For Sale Section Number 7 Sewer Private Septic Terms CashCommercial LoanConventional Mortgage Township Blair Type Mixed Use Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land No Water Municipal WaterPrivate Well Water Conservation Not Applicable Zoning CommercialMulti-FamilyOfficeResidentialRestaurant/FoodRetailSpecial Use

Listing information © 2022 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt-402: 231-922-2350.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2022 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2022-08-18T08:52:17.42.
 
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CENTURY 21 Northland
241 E State Street
Traverse City MI, 49684