Lowell, MI 49331,214 E Main Street
Lowell, MI 49331,214 E Main Street
Lowell, MI 49331,214 E Main Street
Lowell, MI 49331,214 E Main Street
Lowell, MI 49331,214 E Main Street
Lowell, MI 49331,214 E Main Street
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$427,000

$460,000

7.2%
Est.Price: ?

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Est. payment /mo

5,313 SqFt


SOLD DATE : 07/29/2022

Key Details

Sold Price $427,000

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 5,313 sqft

Price per Sqft $80

Subdivision City Of Lowell

MLS Listing ID 59022018521

Sold Date 07/29/22

Originating Board Montcalm County Association of REALTORS

Year Built 1890

Annual Tax Amount $5,591

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 23 x 84

Property Description

Wonderful Downtown Location!! If you are looking to build your portfolio look no further! This fantastic downtown building with many updates. In the last year Historically correct windows have been added to the 3rd floor. Repairs to roof with seams being sealed and a reflective roof coating applied. Non working fire escapes have been removed in lieu of balcony for 3rd floor. All three units have separate metered utilities, each tenant is responsible for their own utilities. AC for unites 2 & 3 have new AC units that are on site but still need to be installed. Unit three is ready for your loving remodel. Its a complete open space ready for your design ideas. Currently has an established separate address. Construction materials (which includes many reclaimed pieces of wood will remain withproperty). First floor is leased until 12.1.2026, Second floor is a month to month lease. Property is currently positive cash flow with only two units. Downtown Lowell is a bustling area with many ot

Location

State MI

County Kent

Area Lowell

Zoning Other

Direction Downtown Lowell on Main St.

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Pool No

Roof Type Rubber

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water 3rd Party Unknown, Public (Municipal), Water at Street

Structure Type Block/Concrete/Masonry,Brick,Stone

Schools

School District Lowell

Others

Tax ID 412002413006

Acceptable Financing Cash, Conventional

Rebuilt Year 2021

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Legacy Real Estate
Bought with RE/MAX SunQuest Realty
agent-avatar

+1(248) 550-1101

brett@brettsmithrealty.com

28780 John R Rd, Madison Heights, MI, 48071, USA

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