Multi-unit investment opportunity with 300' frontage on Houghton Lake Dr, main street with high visibility. Store/office frontage, service areas w/overhead doors, residential units. Easy renovation to convert back to dealership & showroom. New standing seam metal roofing, rear building is butler steel, walls are non-structural for conversion. Underground sprinkler system in all grass and yard areas around the proerty. West side parking lot repaved in 2020. Small easement down the west side of property line to provide new power pole and increased electrical capacity for future connection if needed. Unit 1 has slate flooring, Bike shop units remodeled in 2020 with LED lighting, tongue and groove wood paneling, and racedeck flooring. So much potential to see. All tenants on month lease.
* 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.
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.
