107 S Main St

    Almont, MI 48003
    • $1,499,000
    • STATUS: Active
    • ON SITE: 278 days
    • MLS #: 218118313
    UPDATED: 135 min ago
    $1,499,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,000
      SQFT
    • $167
      $/SQFT
    Type:
    Commercial
    Built:
    1999
    County:

    School Ratings & Info

    Description

    Commercial 2-Story, 9,000 sq ft building (C-1), located in high-traffic corner of growing Village of Almont. Lower unit is leased to a very popular restaurant. Upper unit can accommodate one tenant or be divided to meet the needs of multiple units (100-3000 sq. ft.). Potential 6% cap rate once fully leased. Municipal parking in the rear of the building. Access to second floor at front and rear entrances, building also has an elevator. Seller is offering land contract terms for building/real estate ($500,000 down, 7%, $7000/mo. 7 years, $881,000 balloon). Current tenant lease and financials are available with proof of funds.

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    ©2019 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The John Wentworth Group. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2019-09-19T23:47:38.367.
    www.johnwentworthgroup.com/homes/90096461

    107 S Main St Almont, MI 48003

    • Price: $1,499,000
    • Status: Active
    • Updated: 135 min ago
    • MLS #: 218118313
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    9,000
    SQFT
    $167
    $/SQFT
    1999
    Built
    Neighborhood:
    Village Of Almont Original Town Of Newburgh
    County:
    Lapeer
    Area:
    Almont (44020)
    Property Description
    Commercial 2-Story, 9,000 sq ft building (C-1), located in high-traffic corner of growing Village of Almont. Lower unit is leased to a very popular restaurant. Upper unit can accommodate one tenant or be divided to meet the needs of multiple units (100-3000 sq. ft.). Potential 6% cap rate once fully leased. Municipal parking in the rear of the building. Access to second floor at front and rear entrances, building also has an elevator. Seller is offering land contract terms for building/real estate ($500,000 down, 7%, $7000/mo. 7 years, $881,000 balloon). Current tenant lease and financials are available with proof of funds.
    Exterior Features

    Exterior Construction Brick Foundation Type Slab Frontage 40 Lot Size 40 X 132 Roofing Rubber Waterfront YN No

    Interior Features

    Basement YN No Commercial Features 220 Volt PowerCable Tv AvailableElevator(S) Fuel Type Natural Gas Heating System Forced Air

    Property Features

    Assessments YN No Business Type Medical/DentalOfficeRestaurantRetailService Commercial Type Commercial/Industrial Financial Terms CashConventionalLand Contract Lease YN No Municipality Almont Occupant Close Of Escrow Ownership Private Sewer Septic Public Sanitary Subject To Short Sale Approval No Summer Tax Amount 4418 Total Tax Amount 10524 Water Public Water Winter Tax Amount 6106 Zoning Commercial

    Listing courtesy of Re/Max Nexus.

    Source MLS: MiRealSource
    Originating MLS: Realcomp

    Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


    ©2019 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The John Wentworth Group. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2019-09-19T23:47:38.367.
     
    The John Wentworth Group
    2325 W Shiawassee Ave, Suite 204
    Fenton MI, 48430