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Listed by Gail Rhine • Berkshire Hathaway Homeservices Indian River 231.238.7400
$574,000
Est. payment /mo
0.6 Acres Lot
Active
12909 S Straits HWY Highway Wolverine, MI 49799
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision T33N,R2W
MLS Listing ID 201835746
Lot Size 0.600 Acres
Acres 0.6
Lot Dimensions 0.6
Property Sub-Type Retail
Source Water Wonderland Board of REALTORS®
Property Description
PRIME COMMERCIAL INVESTMENT! Fantastic opportunity to own a beautifully updated five-unit commercial building in the heart of charming downtown Wolverine. This well-maintained property features four street level units and an additional one-bedroom apartment above-offering excellent rental income and a solid rental history. Located at a highly visible intersection with ample parking perfectly positioned for foot traffic and business exposure. Tasteful interior and exterior updates complement curb appeal, including professional landscaping and a rear-side aggregate patio ideal for outdoor seating or customer use. Whether you're looking to expand your portfolio or start your dream business, this property checks all the boxes. Like new deli equipment could also be available. This fully occupied commercial property generates $5,000 in monthly income, offering an excellent investment opportunity with established cash flow!
Location
State MI
County Cheboygan
Community T33N, R2W
Area T33N, R2W
Zoning Commercial
Direction S. Straits Highway to Wolverine. Corner of S. Straits Highway and Cedar Street.
Exterior
Parking Features Street Parking, Parking Lot, Paved, Common
Garage No
Building
Sewer Septic
Others
Tax ID 253-V13-006-001-00
Acceptable Financing Conventional Mort, Cash
Listing Terms Conventional Mort, Cash
NEARBY SCHOOL & BUSINESS
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