730 S 7th Street $375,000

    Close

    730 S 7th Street Ontonagon, MI 49953

    • 6,372 sq. ft.
    • 1.37 Acres
    • Commercial
    • MLS# 50152542
    Favorite Share
    Views: 7 Days On Site: 96

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Commercial office building with current occupants generating positive cash flow and additional offices ready for immediate occupancy. Central A/C units have been recently replaced as well as heating units. Located across from the Aspirus Ontonagon Clinic and just a short distance from the Ontonagon County Courthouse, as well as downtown Ontonagon. This building has been well maintained and has had MANY new improvements to the interior including office spaces. This property provides a large, paved parking area. Tenants include Aspirus Ontonagon Physical Therapy unit, and the Michigan Secretary of State office (contracted lease). this building would make a great investment, especially with all of the recent updates.

    • General Features
      • Acreage 1.37
      • Area Municipality Ontonagon (66015)
      • County Ontonagon
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership LLC
      • Subdivision Perkins Sub
      • Total SqFt Finished 6372
      • Waterfront Y/N No
      • Year Built 1987
      • ZONING Commercial
    • Building Features
      • Cooling System Central A/C
      • Exterior Construction Hardboard
      • Exterior Features Security Lighting
      • Foundation Type Slab
      • Heating System Boiler
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water
      • Water Features None
      • PARKING 21+ Spaces,Parking Lot
      • Lot Size 200x343
      • Roads City/County, Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    49953 (Ontonagon) Demographics

    60 Median Age
    5 Population Density (per sq. mile)
    30% College Educated
    $42,330 Estimated Median Income
    937 Estimated Total Home Owners
    194 Estimated Total Renters
    83% / 17% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    2,212 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $302,950 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: $375,000
        8/19/2024 9:22:00 AM New in Database Source: Multiple Listing Service New Value: $375,000

        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.
        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.