$700,000
Active

131 N Lake Street

Grass Lake, MI 49240
1.80 acres | #M22043524
Browse 16 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

One of a kind investment opportunity with solid income. Long standing Laundromat, 8 commercial leases and twelve storage units. All buildings have been very well maintained. Laundromat is super clean with clients from all surrounding areas. Paved parking. Newer barn was built in 2019. Several long term tenants from various industries. Tons of potential and room to expand.

  • Property Details
      • Property SubtypeCommercial
      • MLS #M22043524
      • MLS #M22043524
      • Original List Price$599,900
      • CountyJackson
      • Cost700000
      • Buying Agency Compensation3.50%
      • Year Built1955
      • FoundationSlab
      • Acres1.8
      • Days on Market (Cumulative)185
      • Days On Market185
      • Garage Spaces0

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Last Updated: . Source: AAABOR

Workhorse Realty LLCReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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    © MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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.

    ​All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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.