MI > Mount Morris > Mi
Mount Morris, MI 48458,11355 Saginaw Street
Mount Morris, MI 48458,11355 Saginaw Street
Mount Morris, MI 48458,11355 Saginaw Street
Mount Morris, MI 48458,11355 Saginaw Street
Mount Morris, MI 48458,11355 Saginaw Street
Mount Morris, MI 48458,11355 Saginaw Street
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David Godin

David Godin

+1(586) 416-0600
$ 525,000
Est. payment | /mo

2,590 SqFt

Save
$ 525,000
Est. payment | /mo
Save

2,590 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 2,590 sqft

Price per Sqft $202

Subdivision Mi

MLS Listing ID 50177539

Year Built 1952

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 45

Property Sub-Type Commercial/Industrial

Property Description

Cash flowing investment property with a current CAP rate of 12.7% in the city of Mt. Morris, MI. This is an all inclusive turn-key business with with profit & loss statements available for review to qualified buyers. 10 unit motel with a 3 unit renovated apartment building that is currently not being utilized with plenty of room to expand/build! Enjoy a large 3 car garage along with a workshop, as well as a maintenance room. Family owned and operated for the last 18 years with a fantastic relationship with the city! Less than 20% vacancy YEARLY! This is your opportunity to capitalize on a profitable business within a friendly municipality!

Location

State MI

County Genesee

Area Mount Morris (25031)

Zoning Mixed Use,Multi-Family,Commercial,Residential

Interior

Heating Forced Air

Cooling Central A/C, Wall/Window A/C

Exterior

Parking Features 11-20 Spaces, Parking Lot

Roof Type Shingles

Building

Foundation Basement

Water Public Water

Structure Type Brick,Vinyl Siding

Others

Ownership LLC

SqFt Source Public Records

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Dane Seltzer Real Estate Group
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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI, 48084, USA

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11355 Saginaw Street