2191 Valley Road $885,000

    Close

    2191 Valley Road Honor, MI 49640

    • 2.25 Acres
    • Commercial
    • MLS# 1916192
    Favorite Share
    Views: 178 Days On Site: 420

    Go Tour This Listing

    Schedule A Showing

    Property Details

    The business was started in 1970 and serves Leelanau, Benzie, Grand Traverse, Wexford and Manistee Counties. The business has approximately 800 generator service contracts, 100 new generator installs and 350 electrical customers annually. The business currently has 7 full time employees and 2 part time. Most employees have been working here for 8 to 16 years. Included with the sale is the business entity, 3,018' building w/offices, land, equipment, supplies, tools and vehicles. A detailed list of items that go with the sale and financials will be provided with a signed NDA. The generator inventory does not go with the sale but can be purchased separately.

    • General Features
      • Licenses Other
      • Included In Lease None
      • Business Incl Yes
      • Business Name Your Electric Company
      • Type of Ownership Private Owner
      • Approx Year Built 1970
      • Type Industrial
      • Town T 26N
      • Township Homestead
      • Present Use Manufacture/Warehouse,Service
    • Building Features
      • Extras Overhead Door(s), Furniture/Fixtures
      • Foundation Slab
      • Heating Cooling Source Electric
      • Roof Asphalt
      • Heating Cooling Type Baseboard
      • # Restrooms 1
      • Apx Total Fin SQFT 3,018
    • Property Features
      • Water Private Well
      • Vacant Land No
      • Univs Design/Barrier Free None
      • Road Public Maintained
      • Sewer Private Septic
      • Parking Parking Lot
      • Parking Spaces 20
      • Exterior Features Vinyl
      • Construction Frame
      • Lot Dimensions 371.74x352.1
      • Location Corner Lot

    Neighborhood

    49640 (Honor) Demographics

    58 Median Age
    21 Population Density (per sq. mile)
    41% College Educated
    $56,667 Estimated Median Income
    526 Estimated Total Home Owners
    40 Estimated Total Renters
    93% / 7% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    1,369 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $460,000 Median Sales Price
    2 Homes Sold
    4 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: $885,000
        8/14/2024 10:51:08 AM Status Changed Source: Multiple Listing Service New Value: Pending
        6/1/2024 4:06:04 AM Status Changed Source: Multiple Listing Service New Value: Active
        5/29/2024 11:21:05 AM Status Changed Source: Multiple Listing Service New Value: Price Change
        5/29/2024 11:21:05 AM Price Reduced Source: Multiple Listing Service New Value: $885,000 -10.15%
        9/28/2023 1:21:00 PM New in Database Source: Multiple Listing Service New Value: $985,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * 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.
        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the 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.

        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.