$43,000
Pending

709 N Clinton Street

Albion, MI 49224
Browse 11 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

ALL Offers Due by Wednesday June 30, 2021 at 5pm. One will be selected on July 30, 2021. Here is your chance to own & rehab the Old Austin School Building in Albion. Five (5) adjacent lots are included with the building. Some environmental assessments have been completed and are available upon request; lead risk, asbestos and hazmat and Phase 1 (clear). This property is available through the Calhoun County Land Bank's Transform This Commercial Property program which seeks to successfully redevelop distressed commercial & mixed used sites. Upon completion, the property returns not only to the tax roll, but also to productive use & becomes an asset to its neighborhood, community, and commercial district. This program is designed for those who want to purchase & restore the property for smallbusiness or mixed use development.

  • Property Details
      • Acres1.8
  • Construction Details
      • Year Built1911
  • Community and Neighborhood Details
      • CountyCalhoun
  • Financial Details
      • Original List Price$43,000
      • Buying Agency Compensation3.00%
      • Days on Market (Cumulative)181
  • Other
      • MLS #M21017745
  • -
      • Garage Spaces0

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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