Excellent mixed use opportunity in the heart of Douglas. This great investment allows you to own a prime Center Street building. There are 2 large currently leased commercial retail spaces with windows to showcase artwork and retail. The front patio on the corner of Center Street and Spring Street offers a great view of the Village and there are lush gardens behind the gallery . A 10 space parking lot that could possibly be split for additional development. Opportunities like these rarely come by in thriving downtown Douglas. Two highly visible commercial ground floor spaces are complimented by two upper leased residential units, Unit 1 is a one bed/1 bath and Unit 2 offers two beds/1 bath with private deck to enjoy tranquil views. Building only is for sale and not the businesses.
* 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.
Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is 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.
