$308,000
$325,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
4,356 Sqft Lot
SOLD DATE : 11/16/2018
Key Details
Sold Price $308,000
Property Type Commercial
Sub Type Business Opportunity
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 69018033429
Sold Date 11/16/18
Originating Board Southwestern Michigan Association of REALTORS
Year Built 1905
Annual Tax Amount $5,499
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 33' X 132'
Property Sub-Type Business Opportunity
Property Description
Beautiful, classic brick building in Baroda with one large commercial unit with full basement and three residential rental units plus rental garage, in total providing $3,390 gross per month rental. Commercial tenant is a college viticulture program wine tasting room with a multi-year lease.Commercial unit rehabbed with substantial investment by both tenant and owner resulting in a ''hip'' retail space. Commercial tenant pays their heat and electric, and portion of water/sanitation bill, if over a cap. Residential units have an excellent rental history. Rear unit has new heating and plumbing. Tuck-pointing on the front building was performed in 2010.This is a unique opportunity to own a classic small town building in an up-and-coming small town in SW Michigan.
Location
State MI
County Berrien
Area Baroda Vlg
Direction From Red Arrow Highway - Go East on Lemon Creek, right on First Street at Baroda Tap, 1 block down on First Street, 8972 is across from Hills Road. From Cleveland - Go East on Lemon Creek, right on First Street at Baroda Tap, 1 block down on First Street, 8972 is across from Hills Road.
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Roof Type Rubber
Road Frontage Paved
Building
Foundation Basement
Sewer Sewer-Sanitary, Sewer at Street, Storm Drain
Water 3rd Party Unknown, Municipal Water, Water at Street
Structure Type Block/Concrete/Masonry,Brick,Frame,Stone,Wood
Schools
School District Lakeshore
Others
Tax ID 113003400006011
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings
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