$250,000
Active

9721 N Straits Hwy

Cheboygan, MI 49721
Browse 41 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Welcome to your potential for multiple income streams! The Building--previously used as a car audio and alarm install business and currently set up with a large garage area, showroom, office, waiting area, and storage space. Also included is the outside shed behind the building. Immediate Income Upon Purchase -- Currently there is a communication tower on the property that generates $1000/month, find a few other rental partners and generate even more. Location--If you've taken an economics class, you'll know that despite it seeming counterintuitive, the best place to put a business is where there are competing or similar businesses. Think where you see Tire Shops and gas stations sitting on top of each other. This commercial building is situated at the busy intersection of N Straights Hwy in and M-33 in Cheboygan and is featured on a road that contains auto sales and collision repair businesses. It is located just 2 miles from the heart of Cheboygan and right across from the Black Riv

  • Property Details
      • Property SubtypeCommercial
      • CountyCheboygan
      • MLS #G50084057
      • MLS #G50084057
      • Original List Price$250,000
      • Cost250000
      • Acres3.09
      • Days on Market (Cumulative)261
      • Days On Market261
      • Buying Agency Compensation3%
      • Garage Spaces0

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

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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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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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