520 N Main St - Office FOR SALE


Cheboygan, MI 49721
$649,500 USD
231-238-7400
520 N Main St, Cheboygan, MI for Sale
$649,500 USD
Office - FOR SALE
1/13
null | Request Cap Rate

520 N Main St
Cheboygan, MI 49721


HIGHLIGHTS

  • 21,780 square feet with 85% leased
  • Excellent visibility and ample parking with 94 spaces
  • Zoned B-3 for general business use, suitable for various commercial services

OVERVIEW

Great investment opportunity 21,780 square foot office building 85 % leased, great visibility, ample parking with 94 spaces available, loading ramp, conference rooms, elevator, beautiful views of the Straits of Mackinac and Cheboygan River, property is zoned B-3, General Business use by the City of Cheboygan. A variety of commercial service, restaurant and tavern, governmental, hotel/motel and other ancillary use by special permit.

FOR SALE DETAILS

PRICE

$649,500 USD

PRICE/SF

$30 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

94

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,540 SF

ZONING

C1

APN/PARCEL ID

053-C10-000-007-00

ASK ABOUT THIS PROPERTY

Walter EllisBerkshire Hathaway Indian RiverMore Info
231-238-7400

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Walter EllisBerkshire Hathaway Indian RiverMore Info
231-238-7400

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