Investment Opportunity
Retail-Commercial
for Sale
Catylist Listing ID: |
30835908 |
Property Subtypes: |
Street Retail
|
Building Status: |
Proposed |
Building Size (RSF): |
7,800 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
0.26 Acres
|
Sale Price: |
$339,000 |
Unit Price: |
$43.46 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Vacant/Owner-User |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/6/2023 |
Overview / Comments
Fantastic investment opportunity on a highly visible corner lot in a prime area of Downtown Cheboygan. This property has a ton of character and features two retail spaces, four 1bed/1ba apartments, a warehouse space, and private parking off the rear of the building.
|
Additional Details
Nearest MSA: |
Alpena |
County: |
Cheboygan |
Submarket Type: |
Central Business District |
Tax ID/APN: |
054-B01-002-010-00 |
Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
Property Visibility: |
Excellent |
Tenancy: |
Multiple Tenants |
Total Number of Buildings: |
1 |
Number of Stories: |
2 |
Year Built: |
1880 |
Parking Type: |
Surface |
Heat Type: |
Natural Gas |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
2,044 |
6,319 |
7,182 |
Median Age: |
40.43 |
42.83 |
43.09 |
Households: |
872 |
2,654 |
3,007 |
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Commercial Property Information Exchange (CPIX) nor
Moody's assume any liability for errors or omissions.
|