908 1/2 Arbutus Avenue Contingent Save Request In-Person Tour Request Virtual Tour
Manistique,MI 49854
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Contingent
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $88
Subdivision Mi
MLS Listing ID 50181246
Year Built 1972
Annual Tax Amount $2,364
Tax Year 2025
Lot Size 1.740 Acres
Acres 1.74
Lot Dimensions 133x361&209x132
Property Sub-Type Commercial/Industrial
Property Description
Spectacular Investment Opportunity! This mobile home park features 11 homes, including 4 park-owned units, and is conveniently located within Manistique city limits with access to city utilities. The park is largely self-sufficient, with tenants paying their own utilities and maintaining their individual lots. The owner is only responsible for common area upkeep, making this a low-maintenance income property. Current management has streamlined operations with an online payment system, ensuring efficient rent collection. Three out of four park-owned homes are currently rented, providing immediate income potential. This is an excellent opportunity to expand your investment portfolio with a well-managed and income-generating property.
Location
State MI
County Schoolcraft
Area Manistique (77009)
Zoning Commercial
Interior
Heating Other-See Remarks
Exterior
Parking Features Off Street
Building
Lot Description Cleared
Foundation Piller/Post/Pier
Water Public Water
Structure Type Aluminum,Vinyl Siding
Others
Ownership LLC
SqFt Source Estimated
Energy Description Natural Gas
Financing Commercial Loan