Leelanau Twp, MI 49670,102 N Mill Lot: 8

$835,000

$845,000

1.2%
Est.Price: ?

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Est. payment /mo

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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Realcomp MLS
Listed by Ann Marie Mitchell of Coldwell Banker Schmidt-Leland
Bought with Schaub Team Premier Realty

GET MORE INFORMATION

JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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