$324,500
Bangor, MI 49013
MLS# 24012439
4 baths | 7246 sqft
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Property Description
Great downtown building right in the heart of Bangor with plenty of street access and visibility on busy M43. Great place for signage to secure additional revenues. Very large commercial space on the main floor currently rented with four spacious 1- bedroom apartments above--all currently rented. Newer coin op laundry. Many critical updates in 2022. & new roof. This is a great turnkey investment opportunity!
Details
Maps
Location & Property Info
County: Van Buren
Street #: 205
Street Direction: W
Street Name: Monroe
Suffix: Street
State: MI
Zip Code: 49013
Zip (4): 1349
Cross Streets: Railroad St.
Property Sub-Type: Retail/Commercial
Area: Southwestern Michigan - S
Municipality: Bangor City
Office/Contract Info
Status: Active
Current Price: $324,500
List Price: $324,500
Auction or For Sale: For Sale
List Price/SqFt: 44.78
Prop Avail for Lease?: No
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-03-13
Current Bldg Use: Restaurant and apartments
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.1
Lot Square Footage: 4356
Lot Dimensions: 42x99
Year Built: 1900
Road Frontage: 141
Total # Units: 5
# Fin Bldg Lvls: 2
Total # Bldgs: 1
Total SqFt: 7246
Full Baths: 7
Total Baths: 4
Waterfront: No
School District: Bangor
Tax Info
Tax ID #: 805460300100
Taxable Value: 98200
SEV: 106700
For Tax Year: 2022
Annual Property Tax: 7569
Tax Year: 2023
Remarks & Misc
Legal: 692 2-16 1147-302 1530-52 853-603 775-645 1050-449/50 1053-326/7 1618-750 1630-266 1645-428 1681-321 1727-732 *** W 42
Directions: Property is just west of train tracks in downtown Bangor
Property Features
Uses: Restaurant
Ownership: LLC
Business Includes: Non-Applicable
Construction Type: Concrete; Frame/Wood; Other
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Broadband; Cable; Electric; Natural Gas; Public Sewer; Public Water; Storm Sewer; Telephone
Heat Source: Natural Gas
Heat Type: Forced Air
Purchase Terms Avail: Cash; Conventional; Land Contract
Sale Conditions: None
Listing Office: Century 21 Affiliated
Listing Agent: Ryan Servatius
Last Updated: March - 14 - 2024
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