310 N Michigan Ave - Freestanding FOR SALE


Big Rapids, MI 49307
$449,900 USD
231-920-3264
310 N Michigan Ave, Big Rapids, MI for Sale
$449,900 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

310 N Michigan Ave
Big Rapids, MI 49307


HIGHLIGHTS

  • Located in the heart of Big Rapids, Michigan.
  • Excellent opportunity for both owner/users and investors to acquire a spacious retail space with a 50-space parking lot in Downtown Big Rapids.
  • Upgraded HVAC System, plumbing and electrical services.

OVERVIEW

A 10,500 SF retail building located on North Michigan Avenue in the heart of Big Rapids, Michigan. This property presents an excellent opportunity for both owner/users and investors to acquire a spacious retail space with a 50-space parking lot in Downtown Big Rapids. The building has a rich history, having previously served as a Sears & Roebuck and a grocery store. It has been meticulously maintained, featuring a recently installed new roof. Additionally, the previous tenant upgraded the HVAC system, plumbing and electrical services. The building offers a mostly completed redesigned and built-out main street entrance, featuring ADA compliant restroom, a welcoming reception area, conference space, and multiple office & storage areas. The spacious central portion of the building includes two locker rooms with showers, ideal for employee or customer use. A separate back area of the building provides the flexibility to accommodate another business or tenant. Additionally, this property comes with a second designated lot, paved for parking and offers convenient alley access for easy ingress and egress. Current owner has freshly power washed & painted the exterior recently. Immediate possession available after closing. There is an existing gym currently operating in the back 2,000 sf of the building (this area has an additional customer restroom specific to this business). Gym equipment is being sold separately.

FOR SALE DETAILS

PRICE

$449,900 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

DB

APN/PARCEL ID

5417-011-353-012

ASK ABOUT THIS PROPERTY

Daniella BellColdwell Banker Schmidt CadillacMore Info
231-920-3264

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

Daniella BellColdwell Banker Schmidt CadillacMore Info
231-920-3264

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