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700 Borton

Essexville, MI 48732
  • $328,000
  • STATUS: Active
  • ON SITE: 347 Days
  • MLS #: 50111188
UPDATED: 99 min ago
$328,000
  • 0
    BEDS
  • 2.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,470
    SQFT
  • $60
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1978
County:
Bay

School Ratings & Info

Description

Dr Hafford IS CONTINUING his practice, wants to SELL building and LEASE-BACK. Building is ADA accessible. Dr Hafford occupies the north part of the building which has a finished below grade area. The south side of building was leased for $2,500 per month and is presently vacant. It is a very nice structure. At a projected triple net lease with 100% occupancy, the CAP rate would be about 18%. There is also an XRAY machine in the building.

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[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-05-18T13:49:57.14.
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700 Borton Essexville, MI 48732

  • Price: $328,000
  • Status: Active
  • On Site: 347 Days
  • Updated: 99 min ago
  • MLS #: 50111188
0
Beds
0
Baths
0
½ Baths
2.1
Acres
5,470
SQFT
$60
$/SQFT
1978
Built
Neighborhood:
Essexville (09018)
County:
Bay
Area:
Essexville (09018)
Property Description
Dr Hafford IS CONTINUING his practice, wants to SELL building and LEASE-BACK. Building is ADA accessible. Dr Hafford occupies the north part of the building which has a finished below grade area. The south side of building was leased for $2,500 per month and is presently vacant. It is a very nice structure. At a projected triple net lease with 100% occupancy, the CAP rate would be about 18%. There is also an XRAY machine in the building.
Exterior Features

Exterior Construction Brick Foundation Type Basement Frontage 300 Lot Size 300X300 Parking 21+ Spaces Roads City/CountyClass ACurbedPaved Street Site Depth 300 Waterfront YN No

Interior Features

Basement YN Yes Commercial Ceiling Height Less Than 16 Ft. Commercial Features 220 Volt PowerAda AccessibleBathBillboardCable Internet InstalledCable Tv AvailableCarpetInternet Available Cooling System Central A/C Fuel Type Natural Gas Heating System Forced Air Water Heater Gas

Property Features

Additional Documents YN No Assessments YN No Business Type Office Commercial Type Business Environmental Condition YN No Financial Terms CashCommercial LoanConventionalLeaseLease W/Option Flood Insurance Not Required Lease Information $15-20/SQ FT Lease Type Triplenet Lease YN No License Available YN No Municipality Essexville Occupant Dr Hafford Ownership Private Sale Includes Real Estate Only Sewer Septic Public Sanitary Sq Ft Source Assessors Data Subject To Short Sale Approval No Water Public Water Zoning Professional OfficeCommercial

Listing courtesy of Real Estate Pro Group, LLC : 989-894-5678.

Source MLS: MiRealSource
Originating MLS: Bay County AOR MLS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-05-18T13:49:57.14.
 
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