MI
MI 48458,11355 Saginaw Street
MI 48458,11355 Saginaw Street
MI 48458,11355 Saginaw Street
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Nick Schweihofer

Nick Schweihofer

+1(616) 566-4619
$525,000
Est. payment /mo
2,590 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 2,590 sqft

Price per Sqft $202

MLS Listing ID 50177539

Year Built 1952

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Industrial

Source MiRealSource

Property Description

Cash flowing investment property with a current CAP rate of 12.7% in the city of Mt. Morris, MI. This is an all inclusive turn-key business with with profit & loss statements available for review to qualified buyers. 10 unit motel with a 3 unit renovated apartment building that is currently not being utilized with plenty of room to expand/build! Enjoy a large 3 car garage along with a workshop, as well as a maintenance room. Family owned and operated for the last 18 years with a fantastic relationship with the city! Less than 20% vacancy YEARLY! This is your opportunity to capitalize on a profitable business within a friendly municipality!

Location

State MI

County Genesee

Area Genesee County - 10

Zoning Mixed Use,Multi-Family,Co

Interior

Heating Forced Air

Cooling Central Air, Wall Unit(s)

Exterior

View Y/N No

Building

Sewer Public

Structure Type Vinyl Siding,Brick

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Listed by Dane Seltzer Real Estate Group

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agent

Nick Schweihofer

+1(616) 566-4619

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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REVIEWS

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  • 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
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