429 N State Street
Big Rapids, MI 49307
$259,900
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Welcome to this unique business opportunity of owning two investment properties in one! Two family home(red 1-1/2 story) and a restaurant business on the same property. Restaurant building is currently leased as sandwich shop offering dining, take out, or delivery service.(under lease until 2024 with buyout options available.) Two family rental home offers upstairs unit with 1BR/1BA/Kitchen and downstairs with 3 BR/1BA/Kitchen. Current lease expires 7/31/2020. Very good rental history and occupancy with both units. Many updates to both units including, roof, siding, windows, electrical, water heaters, rain gutters, front porch, furnace(restaurant), insulation, appliances (apt.) and more! 12x18 storage garage included. Tenant pays water/sewer, mowing, snowplowing, and garbage service

http://www.www.realestateone.com.com/20049290
Customer Care
Phone: 248-304-6700
[email protected]
www.www.realestateone.com.com/20049290
Customer Care
 
Property Details
Status: Active
County: Mecosta
Taxes: $9,745
Acreage: 0.37
Lot Dimensions: 102' x 159'
Price/SqFt: $130
Zoning: 201 Commercial
Current Use: Restaurant (sm. bldg.) Apartments (red bldg.)
Water: Public
Features: Barrier Free, Security System
Sub Property Type: Business Opportunity
Possession: Close Plus 30 D
Total Finished SqFt: 1,996
Above Grade Finished SqFt 1,996
Year Built: 1920
Cooling: Central, Wall Unit
Heating: Forced Air, Natural Gas
 
Listing Office: Century 21 Affiliated (gr)
Office Address: 2090 Celebration Dr, Ste 300
Listing Number: 20049290
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