$835,000
$845,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
6,436 SqFt
SOLD DATE : 09/01/2023
Key Details
Sold Price $835,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,436 sqft
Price per Sqft $129
Subdivision Village Of Northport
MLS Listing ID 78080009812
Sold Date 09/01/23
Originating Board Aspire North REALTORS®
Year Built 1900
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50x50 +
Property Description
Hard corner commercialâ€"the most desirable criteria when investing in commercial real estate. With street frontage on Nagonaba and Mill, this mixed use retail, multifamily corner location attracts more customers since it is easy to get to and a highly visible busy intersection for a retailer. Wood floors, high ceilings, and the big extras are the two upper level apartments with a view of the Northport Bay Marina and the village streetscape below. Each apartment is a spacious 2-bedroom/1-bath residential unit beautifully updated in 2012. For a resident, the walk-able location, gracious floor plan, views of the bay and the village are without comparison. This well maintained, two-story building consists of a street level retail area with 2,453 square feet. The partial unfinished stone walled basement storage area has 1,553 SF. The second floor contains 2 apartments totaling 2430 SF and is currently rented and occupied by a single tenant as one residential unit. However, the floor plan is designed for, and can function as, two separate units. Retail tenant has new 5 year term lease. Residential tenant is on a month to month lease. Off street parking provides for 2 cars. Buyer to assume the sewer assessments. Also for sale by the same owner is the commercial residential property next door located at 106 N Mill St (MLS 1914355). Floor plans can be found in the associated documents.
Location
State MI
County Leelanau
Area Leelanau Twp
Zoning Commercial,Residential
Interior
Heating Forced Air, Hot Water
Heat Source Natural Gas
Exterior
Waterfront no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame,Vinyl
Schools
School District Northport
Others
Tax ID 4504245000600
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other, Trade/Exchange
Listing Terms Cash, Conventional, Other, Trade/Exchange
Financing Cash,Conventional,Other,Trade/Exchange
Special Listing Condition Unknown/Data Share Listings
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