MI > Isabella > Mt. Pleasant > 316 N Mission 808 E LINCOLN
  • MLS# 1894746
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Large multi use commercial building on high traffic Mission Corridor. 12 units total, plus stand alone rental house. All fully licensed with the city and with great rental history. Annual rents on signed leases for 2021/22 exceeds $100k. The 16,000 sqft building consists of 8 commercial units, and 3 apartments, as well as stand alone house, no ongoing maintenance issues.MANY updates to HVAC, interior renovations, roof awnings, etc in recent years. Large upside potential for the right investor, there is roughly 1500 square foot of space on the second floor that could potentially be used for more commercial tenants or possibly additional apartments (potential buyers would want to check with the city to determine what would be required to do so). Sellers are licensed real estate brokers in State of Michigan.

Property Information

Status
Active 
Address
316 N Mission 808 E LINCOLN 
City
Mt. Pleasant 
Zip
48858 
Year Built
1945 
Listing Date
11/04/2021 
County
Isabella 
Possession
Subject to Tena 
Parking
Parking Lot 
Price/SqFt
26.62 

Taxes

Summer Taxes
$10,055 
Winter Taxes
$2,844 

Features

Current Use
Office Building,Retail Store 
Features
None 
Zoning
Commercial 
Water
Municipal Water 
Sub Property Type
Mixed Use 
Licenses
Other 
Exterior Features
Block 
Cooling
Forced Air, Natural Gas, Wall 
Heating
Forced Air, Natural Gas, Wall 

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  • Property History
  • Schools Information
  • Local Business
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1894746 Active Nov 4 2021 9:46AM $450,000 33
1870178 Expired Active Jun 7 2020 2:16AM 184
1870178 Jan 6 2020 1:02PM $399,900 $414,900 184
1870178 Active Dec 6 2019 11:02AM $414,900 184
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MITAAR Logo

Listing Courtesy of Douglas Day Property Group
Office Address 120 S UNIVERSITY

Real Estate One Family of Companies

316 N Mission 808 E LINCOLN Mt. Pleasant
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$450,000
For Sale • Acres: 0.6 • Zoning: Commercial