$200,000
$245,000
18.4%For more information regarding the value of a property, please contact us for a free consultation.
2,021 SqFt
SOLD DATE : 04/17/2024
Key Details
Sold Price $200,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,021 sqft
Price per Sqft $98
Subdivision Crystal Plaza
MLS Listing ID 78080012675
Sold Date 04/17/24
Originating Board Aspire North REALTORS®
Year Built 1978
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 21x51x2.5x40x23x89
Property Description
Single tenant retail condo unit leased to H&R Block. Located in the Crystal Plaza Shopping Center anchored by Family Fare grocery. High traffic location on U3-31 with nearby retail including True Value, ACE, and Sav-A-Lot. Plenty of parking. Includes rear 12’ overhead door. New carpet and paint in 2022, and HVAC replaced in 2018. Great investment opportunity with unit available at a 12% cap rate. H&R Block is a long-term tenant with lease expiring in 2025. Crystal Plaza services a large geographic trade area and is located 1.5 miles from the Crystal Lake resort area and 10 miles from Crystal Mountain ski and golf resort. Seller has additional single tenant properties leased to H&R Block available to purchase.
Location
State MI
County Benzie
Area Benzonia Twp
Zoning Commercial,Office
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Utilities Available 3 Phase Power
Waterfront no
Roof Type Metal
Accessibility Disabled Access
Building
Foundation Slab
Sewer Septic Tank (Existing)
Water Public (Municipal)
Structure Type Block/Concrete/Masonry
Others
Tax ID 0252000106
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Unknown/Data Share Listings
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Bought with Three West, LLC
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Managing Partner | License ID: 6506046014
280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States