2191 Valley Road $885,000

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    2191 Valley Road Honor, MI 49640

    • 3,018 sq. ft.
    • 2.25 Acres
    • Commercial
    • MLS# 80011632
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    Views: 46 Days On Site: 420

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    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
      • Acreage 2.25
      • Area Municipality Homestead Twp (10007)
      • County Benzie
      • Originating MLS Aspire North REALTORS
      • Ownership Private
      • Subdivision N/A
      • Total SqFt Finished 3018
      • Year Built 1970
      • ZONING Commercial
    • Building Features
      • Exterior Construction Frame, Vinyl Siding
      • Foundation Type Slab
      • Heating System Baseboard
      • FUEL TYPE Electric
      • Roofing Asphalt
    • Property Features
      • Water Private Well
      • PARKING 11-20 Spaces,21+ Spaces,Parking Lot
      • Lot Size 371.74x352.1
      • Sewer Septic Septic

    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 11:21:34 AM Status Changed Source: Multiple Listing Service New Value: Pending
        5/29/2024 12:21:28 PM Price Reduced Source: Multiple Listing Service New Value: $885,000 -10.15%
        9/28/2023 2:23:00 PM New in Database Source: Multiple Listing Service New Value: $985,000

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        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.