25
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$229,000
Est. payment /mo
1,569 SqFt
Price Dropped by $37K
114 S Division Bellaire, MI 49615
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UPDATED:
02/19/2025 11:54 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,569 sqft
Price per Sqft $145
Municipality Kearney Twp
Subdivision Kearney Twp
MLS Listing ID 80052567
Originating Board MiRealSource
Year Built 1980
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Business
Property Description
Great investment opportunity in Bellaire! This 1,569 SF office building sits on approximately 0.43 acres and is only one minute from downtown Bellaire. The main floor features 5 offices, a conference room, a kitchenette, and a restroom. The second floor is accessed via spiral staircase and features 3 offices and 2 restrooms. The building features a unique design and the second floor offices include covered outdoor balconies. Priced at an 9.54% CAP in year 1 based on current lease with tenant.
Location
State MI
County Antrim
Zoning Commercial
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Structure Type Vinyl Siding
Listed by Coldwell Banker Schmidt Traverse City