$215,000
$229,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
114 S Division Street Bellaire, MI 49615
1,569 SqFt
Key Details
Sold Price $215,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 1,569 sqft
Price per Sqft $137
Subdivision Mi
MLS Listing ID 80052567
Sold Date 04/30/25
Year Built 1980
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions irregular
Property Sub-Type Business
Property Description
Great investment opportunity in Bellaire! This 1,569 SF office building sits on approximately 0.43 acres and is only one minute from downtown Bellaire. The main floor features 5 offices, a conference room, a kitchenette, and a restroom. The second floor is accessed via spiral staircase and features 3 offices and 2 restrooms. The building features a unique design and the second floor offices include covered outdoor balconies. Priced at an 9.54% CAP in year 1 based on current lease with tenant.
Location
State MI
County Antrim
Area Kearney Twp (05010)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Parking Features Parking Lot
Roof Type Asphalt
Building
Foundation Slab
Water Public Water
Structure Type Frame,Vinyl Siding
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Exchange
Listing Terms Exchange
Financing Cash,Commercial Loan
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Coldwell Banker Schmidt Traver