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Listed by CENTURY 21 LEE-MAC REALTY
$1,500
6,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Rent
Square Footage 6,400 sqft
MLS Listing ID 1942462
Year Built 1900
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Mixed Use
Property Description
6400 square foot building with two storefronts, located in flourishing and vibrant downtown St. Louis, Michigan. St. Louis is geographicallythe “Middle of The Mitten” and is three miles from US 127. This building is in a prime location, just a few steps from M46, within the downtown business district. The retail space could be used as one storefront or two separate. The north side of the building has gone through renovations in recent years that include newer flooring, newer front windows, and exposed tin ceilings. Plus, there is a newer membrane roof with a lifetime warranty. Now let's discuss the possibilities of this building! There are 3200 square feet upstairs that is unfinished and zoned for residential. Room for 4 apartments that the bones are already there and the State of Michigan has incentive programs through the Michigan Economic Development Corporation, which could provide the funding for the renovations. In addition to that, you could use one storefront for your desired business and lease the other side to produce immediate income. With the huge retail/commercial space, two storefronts, potential rental income, single-car garage, and vast parking space, this property is worth some thought!? Error on entry resulting in price increase. Original price was $1,500.
Location
State MI
Interior
Heating Forced Air, Natural Gas
Exterior
Waterfront Description Public
Roof Type Membrane
Garage false
Building
Foundation Block
Sewer Public Sewer
Water Public
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456