Gilmore Twp, MI 49628,703 Frankfort Avenue

$385,000

Est. payment /mo

$395,000

2.5%
Est.Price: ?

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703 Frankfort Avenue Gilmore Twp, MI 49628

5,395 SqFt

SOLD DATE : 11/17/2022

Key Details

Sold Price $385,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,395 sqft

Price per Sqft $71

Subdivision Village Of Elberta

MLS Listing ID 78001326127

Sold Date 11/17/22

Originating Board Aspire North REALTORS®

Year Built 1863

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 75 X 115,7

Property Description

M 22, the iconic Michigan Highway and the Betsie Valley Trailhead location. Great income opportunity. Commercial building located in beautiful downtown Elberta, Michigan. This building has been completely renovated and has a 98% rental success rate. Now occupied are the three rental apartments upstairs the two vacant commercial spaces on the street level have endless opportunity. The four car garage on the south corner of the property is leased individually and fully occupied.

Location

State MI

County Benzie

Zoning Commercial,Residential

Interior

Heating Forced Air, Hot Water, Central Air

Heat Source Natural Gas

Exterior

Roof Type Metal

Accessibility Disabled Access

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Frame,Vinyl

Others

Tax ID 0650109400

Ownership Private Owned

Acceptable Financing Cash, Conventional, Other, Trade/Exchange

Listing Terms Cash, Conventional, Other, Trade/Exchange

Financing Cash,Conventional,Other,Trade/Exchange

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Brooke Hollenbeck Sowa of REO-TCBeulah-Frankfort-233027
Bought with Century 21 Northland-Frankfort

Craig Ward

Agent | License ID: 382487

+1(248) 217-1905

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