MI > Lake City > Mi
Lake City, MI 49651,1968 S Morey Road
Lake City, MI 49651,1968 S Morey Road
Lake City, MI 49651,1968 S Morey Road
Lake City, MI 49651,1968 S Morey Road
Lake City, MI 49651,1968 S Morey Road
Lake City, MI 49651,1968 S Morey Road
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 275,000
Est. payment | /mo

10,000 SqFt

Save
$ 275,000
Est. payment | /mo
Save

10,000 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $27

Subdivision Mi

MLS Listing ID 80047727

Year Built 1980

Annual Tax Amount $3,676

Lot Size 0.990 Acres

Acres 0.99

Lot Dimensions Irregular

Property Sub-Type Business

Property Description

Great business opportunity, great location, high traffic counts, and visibility, combined with the great "business climate" in the Lake City area make this a great opportunity. Investors this 10,000 square feet retail building has long term leases in place with established businesses. This commercial building has two many areas with separate entrances and a large shared parking lot. The larger leased space is approx. 6,000 sq. ft. and then the south side is approx. 4,000 sq. ft. Laura's Needful Things in the bigger area located on the north end and then Gamer's Gambit located at the south entrance, both spaces have restrooms and many smaller office options and ample storage. According to MDOT (Michigan Dept. of Transportation), approx. 10,000 vehicles cruise thru Lake City on a daily basis. The plaza's has two other businesses that flanked this space that bring customers as well for foot traffic. The roof has been updated as well. Seller has currently updated all the lights to LED and it much more efficient. There is a new furnace system in the Gamer's Gambit section, as well. Shared well. The current active year to year leases with Gamer's Gambit LLC through February 2024 and Lake City Needful Items through July 2023, both for $1,500 per month installments, plus they pay their own utilities, water and insurance.

Location

State MI

County Missaukee

Area Lake Twp (57009)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Parking Features 21+ Spaces

Building

Foundation Slab

Water Community Well, Private Well

Structure Type Aluminum,Block,Brick,Steel

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Commercial Loan

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by City2Shore Real Estate Northern Michigan
advisor-avatar

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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1968 S Morey Road