$199,900

1328 W State Street

Belding MI, 48809

Description

Unfinished office/retail commercial space. 8000 sq ft roughed-in with electrical and plumbing. Very nice looking building 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. Other building divided into four 2000 sq ft areas $69,900 for each 2000 sq ft unit or $199,900 for all. This is a rare opportunity with extremely low carrying costs. This opens the door for the small investor.

Details

MLS#18040702
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year2005
Days On Site726

Features

SQ Feet8,000
Story(s)1
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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:
726
low | high
Med:
175.5
100% of Average
Listing Updated: 08/13/2020
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