UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Pending
Purchase Type For Sale
Square Footage 6,670 sqft
Price per Sqft $68
Municipality Otsego City
MLS Listing ID 25022992
Full Baths 6
Year Built 1914
Annual Tax Amount $9,036
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 59X73
Property Sub-Type Business
Property Description
The Building has new flat roof on both buildings, New commercial doors, new updated commercial space that rents 5 separate offices in one commercial space and another commercial business next door along with 3 apartments filled with long term tenants.
Apartment 1 = $950/month Year Lease
Apartment 2 = $1,000/month Year Lease
Apartment 3 = $1,250/month 6 month Lease
Office 1 = $550/month Year Lease
Office 2 = $515/month Year
Office 3 = $300
Office 4 = $300
Office 5 = Vacant
Commercial Building 2 = $750/m 3 year lease
Monthly Income $5,615
Owners pay for Water & Trash Only.
No Yard Maintenance. No Snow Removal. Public Parking
Location
State MI
County Allegan
Area Greater Kalamazoo - K
Direction Take Plainwell Exit off 131 to Otsego. Building is on the Right.
Interior
Interior Features Broadband
Heating Forced Air
Cooling Central Air
Inclusions Real Estate, Non-Applicable, Furniture
Exterior
Utilities Available Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Rubber
Building
Foundation Block
Structure Type Block,Brick,Metal Siding
New Construction No
Schools
School District Otsego
Others
Tax ID 54-100-010-00
Ownership LLC
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal