1001 Ethel Ave - Showroom FOR SALE


Hancock, MI 49930
$348,000 USD
906-482-0001
1001 Ethel Ave, Hancock, MI for Sale
$348,000 USD
Showroom - FOR SALE
1/18
null | Request Cap Rate

1001 Ethel Ave
Hancock, MI 49930


OVERVIEW

Positioned on a corner lot in the City of Hancock with Community Mixed-Use zoning, this 3,240-square-foot commercial property offers space, functionality, and recent updates tailored for a variety of professional uses. With a layout designed to accommodate teams clients, or creative ventures, the building includes a spacious open room (22x36+/-) that could be customized for various uses, two bathrooms and a breakroom (16x12+/-) including a kitchenette—perfect for coffee breaks, lunch gatherings, or a meeting space. There are also two garage spaces (24x46+/- and 24x24+/-) great for workshop areas or that could be used to create more finished areas, if garage/workshop areas are not needed for your business plans. The property has been cared for and freshened up adding to the property's readiness, so you can focus on operations rather than renovations. Outdoors, you'll find ample private parking and a generous lot—ideal for customer access or potential outdoor enhancements. The property is located near the schools and hospital and in a mixed commercial and residential area for mixed traffic flow and exposure. Roof was replaced approximately 5+/- years ago. Heating system with central air conditioning was approximate 10+/- years. Electric has a 200amp service panel. ** RESTRICTIVE COVENANTS will apply at the time of closing: No competing heating, plumbing and fireplace service or sales business shall operate out of this property for15 years from the date of closing (subject to attorney language as part of the deed at the time of closing). NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect & verify all aspects of the property & bares all risks for any inaccuracies including but not limited to estimated acreage, lot location/size, square footage, utilities (availability & costs associated).Real estate taxes are subject to change (possibly significant) & municipality reassessment after sale. Buyer should NOT assume that buyer’s tax bills will be similar to the seller’s current tax bills. Taxes are not zero. Audio/video recording devices may be present on property and entering the property shall be considered consent to be recorded. OFFERS: 72 hours response time requested on offers .Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines.

FOR SALE DETAILS

PRICE

$348,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.26

LAND SF

11,326

ZONING

C-2

APN/PARCEL ID

051-629-012-00

ASK ABOUT THIS PROPERTY

Kristine Jukuri WeidnerCentury 21 North Country AgencyMore Info
906-482-0001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kristine Jukuri WeidnerCentury 21 North Country AgencyMore Info
906-482-0001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.