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10300 Howard City Edmore Road, Lakeview, MI 48850

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Listing Type
commercial/industrial
Listing Status
pending
Explore Lakeview, MI
36
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
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$432,000

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Home Details for 10300 Howard City Edmore Road

Price
$432,000
Type
commercial/industrial
Year Build
1975
Sq. Ft.
6068
Lot Size
2.8000
County
Montcalm
Garage
0
MLS Listing#
M22009227
On exitrealty.com
59 days

Property Description

Here is your opportunity to own a State-leased building with 4 1/2 years left on current with a renewable 5-year lease opp. We have priced this building based on the annual rent totaling of $37,196.88 for January 1, 2022 through December 31 2026 and the SEV of $138,400 for 2021. This State Police post in Lakeview has been selected as one the few remaining permanently manned posts. The post was built in 1975 and has been maintained to State standards. It appears to be in excellent condition and Newer metal roof was installed a few years ago. An underground storage tank(UST) was removed with proper documentation. a motivated seller who would like to pass the torch to a new buyer. Buyer's must be approved by tenant / State of Michigan for the lease.

Property Features

EXIT REALTY 1ST
1250 S. Main Street Suite 2, Chelsea, MI 48118
$432,000

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EXIT REALTY 1ST
1250 S. Main Street Suite 2, Chelsea, MI 48118