101 & 109 E Main Street $2,599,000

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    101 & 109 E Main Street Midland, MI 48640

    • 0.16 Acres
    • Commercial
    • MLS# 50159835
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    Views: 10 Days On Site: 23

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    Property Details

    Prime real estate in downtown Midland's busy Main St district. On the corner of Main St and Ashman, directly across from the H Residence Inn and Gratzi. 7200 square feet and currently the home of Tavern On Main, Matchbox Tattoo, and Mercantile Bank. Tavern on Main has been completely remodeled and operating daily. The business is being sold as is. Everything stays including the liquor license. 2 leases are active in the adjoining properties. Call listing agent for information and financials. This is your chance to own a treasure property in downtown Midland.

    • General Features
      • Year Built 1956
      • Waterfront Y/N No
      • Financial Terms Cash, Conventional
      • County Midland
    • Building Features
      • Foundation Type Slab
      • Heating System Forced Air
      • Cooling System Central A/C
      • Commercial Ceiling Hgt Less than 16 Ft.
      • Exterior Construction Block
      • Water Heater Gas
      • Water Public Water
      • Roofing Rubber
      • Commercial Features Cable Internet Installed, Public Restrooms, Restroom(s)
    • Property Features
      • Acreage 0.16
      • Roads Paved Street
      • Lot Size 60 x 120
      • Location Bus Service Near Site,Bus Service To Site,Main Street
      • Fuel Type Natural Gas
      • Sewer Septic Public Sanitary

    Neighborhood

    48640 (Midland) Demographics

    39 Median Age
    309 Population Density (per sq. mile)
    49% College Educated
    $65,451 Estimated Median Income
    9,516 Estimated Total Home Owners
    3,491 Estimated Total Renters
    73% / 27% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    32,374 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $255,000 Median Sales Price
    51 Homes Sold
    64 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,599,000
        11/21/2024 9:57:42 AM Price Reduced Source: Multiple Listing Service New Value: $2,599,000 -6.85%
        11/20/2024 12:27:35 PM Price Reduced Source: Multiple Listing Service New Value: $2,790,000 -3.79%
        10/31/2024 9:43:00 AM New in Database Source: Multiple Listing Service New Value: $2,900,000

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        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Listing information is provided in part by the IDX program of the Midland MLS. Information provided is deemed reliable but not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.