$475,000

Active

10300 W Howard City-Edmore, Lakeview, MI 48850

3 baths

Lot: 2.56 acres
Built: 1975
Type: Office
On market: 50 days

DescriptionShow

In today's economy choose the wise investment of land - supply and demand- it is the one thing no one can make more of! With an annual Net operating income of nearly $30k and a guaranteed ROI over 6% for the next 5 years- this property leased until 12/31/31, by the State of Michigan, with expanding opportunities as urban sprawl continues and the village of Lakeview (less than 2 miles away) begins to outgrow its borders. Zoned R-R with commercial approval who is to say how high the generated income on this property could go? Take consideration and do not let these dollars pass you by. Square Footage: 6,068 sq ft Valuation calculated by historical purchase price x inflation and investment alongside the current SEV and current lease rents totaling $203,884.80 All information believed to be accurate however, not guaranteed. Buyer and Buyer's agent responsible to verify.

Facts & features

Interior4

Bathrooms: 3
Full baths: 3
Stories: 2
Interior features: Broadband

Heating, cooling & utilities5

Heating: Forced Air
Cooling / AC: Central Air
Water source: Well
Sewer: Septic Tank
Utilities: Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Exterior & construction4

Lot size: 2.56 acres
Construction: Block, Concrete, Brick, Metal Siding
Roof: Metal
Year built: 1975

Property details7

Type: OTHER
Sub-type: Office
County: Montcalm
Parcel #: 004-017-006-010
Days on market: 50
MLS #: 26037049
Status: Active

District: Lakeview

No individual schools were listed for this home.

Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.

Price & tax historyShow

$475,000

Listing courtesy of Keller Williams GR North · Tenneil Lemmen