$199,900

1324 W State Street

Belding MI, 48809

Description

Unfinished office/retail commercial space. 8000 sq ft roughed-in with electrical and plumbing into four 2000 sq ft areas. $199,900 for entire building or $69,900 for each 2000 sq ft unit. A second building also available as one unit of 8000 sq ft roughed in. Very nice looking buildings in a very desirable location. In the Belding Commons 2 of the 4 buildings are still available. If both remaining buildings are sold together the Developer Rights will be included. This means the buyer would not have to pay association fees and dues until units are occupied, a carrying cost savings of $19,200 per year. Once units are occupied, those fees and dues would kick in, which could transfer to occupant. This is a rare opportunity with extremely low carrying costs. This opens the door for the smal

Details

MLS#19034509
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year2005
Days On Site388

Features

SQ Feet8,000
Story(s)1
ZoningCOMMERCIAL,201
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Area Information
StateMI
CountyIonia
CityBelding
Zip Code48809
AreaGrand Rapids - G
Listing VS Median (in 48809)
Price:
$199,900
low | high
Med:
$143,900
78.014007003502% of Average
SqFt:
8,000
low | high
Med:
802
100% of Average
$ / SqFt:
$25
low | high
Med:
$44
24.526165826057% of Average
On Site:
388
low | high
Med:
175.5
100% of Average
Listing Updated: 08/13/2020
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