$179,000
Fremont, MI 49412
MLS# 23009717
3040 sqft
1 / 28
Property Description
This prime downtown location has 3 currently leased storefronts, each with its own bathroom and entrance. Approx 3,120 sq ft of space. Unit #1: Tenant is Floral Shop: $800/month; $920./month starting in July Unit #2: Piano Studio - $450./month; $500/month starting in July Unit #3:: Clothing Boutique - $700./month; $800./month starting in July Seller has selected 3 Tenants who have each invested into their own units, considerably, and have tastefully renovated. We seek an INVESTOR/OWNER who will keep the current Tenants, as all wish to stay. ***INCOME $1950/income per month, starting in JULY - $2,220./ month.*** Trade fixtures remain with each tenant. Tenants rights are protected with 3 year leases. Again, we search for an Investor Purchase
Details
Maps
Documents
Location & Property Info
County: Newaygo
Street #: 18
Street Direction: W
Street Name: Main
Suffix: Street
State: MI
Zip Code: 49412
Cross Streets: Main Street & Division
Property Sub-Type: Retail/Commercial
Area: West Central - W
Municipality: Fremont
Office/Contract Info
Status: Active
Current Price: $179,000
List Price: $179,000
Auction or For Sale: For Sale
List Price/SqFt: 58.88
Prop Avail for Lease?: No
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2023-04-03
Current Bldg Use: Leased for Retail
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.11
Lot Square Footage: 4966
Lot Dimensions: 39 x 131
Year Built: 1900
Road Frontage: 39
Mineral Rights: No
Total # Units: 3
# Fin Bldg Lvls: 1
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total SqFt: 3040
Full Baths: 3
Waterfront: No
School District: Fremont
Tax Info
Tax ID #: 621702203012
Taxable Value: 38836
SEV: 41200
For Tax Year: 2021
Annual Property Tax: 2886
Tax Year: 2021
Spec Assessment & Type: none known
Zoning: Commercial
Remarks & Misc
Legal: W 39 ft of Lot 7 Blk 33 Empire Company plat of the Village of Fremont Center, now City of Fremont
Directions: Main Street West of Division
Additional Details
Total Parking Spaces: 7
Income and Expenses
Total Actual Rent: 1950
SqFt Information
Rentable Retail SqFt: 3040
Unit 1
Unit Description: Hair Salon
Rent $/Month: 425
Unit 2
Rent $/Month: 420
Unit 3
Unit Description: Antique Store
Rent $/Month: 245
Property Features
Property Use: Business; Investment
Uses: Professional Service; Retail
Ownership: Proprietorship
Business Includes: Real Estate
Construction Type: Frame/Wood
Exterior Material: Brick; Wood Siding
Roofing: Rubber
Foundation: Block; Permanent
Below Grade: Basement; Full
Tenant Pays All: Electric; Gas
Sewer: Public
Water: Public
Utilities Attached: Electric; Natural Gas
Util Avail at St: Broadband; Cable; Electric; Natural Gas; Public Sewer; Public Water; Telephone
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air; Wall Unit(s)
Driveway: Concrete
Street Type: Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Unit 1: Tenant Pays Electric; Tenant Pays Gas
Unit 2: Tenant Pays Electric; Tenant Pays Gas
Unit 3: Tenant Pays Electric
BUYERS Closing Estimate - Cash Sale 
Listing Office: Five Star Real Estate (Grandv)
Listing Agent: Susan Gray
Last Updated: April - 08 - 2024
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