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List Price:    $650,000
MLS Number:    21102877
8960 E 34 Rd
Cadillac, MI 49601
Property Type: Commercial
Status:   Active
Listing Description
KNOWN AS A "COMMERCIAL GEM" DUE TO THE HIGH PRIORITY/EXPOSURE LOCATION, THE 6 WELL-CARED-FOR ALL-STEEL STRUCTURES AND THE PROVEN LEASE INCOMES! OWNER HAS ALWAYS BEEN METICULOUS WITH HIS CONSTRUCTION AND MAINTENANCE AND IT SHOWS: LONG-TERM TENANTS ARE HAPPY TO BE HERE - IF YOU NEED TO USE THE BUILDINGS FOR YOURSELF THE LEASES STIPULATE 30-DAY-NOTICE-TO-VACATE! OWNER BOUGHT LAND IN 1985 THEN BEGAN DEVELOPING IT: BUILT 2 STEEL BUILDINGS 1991 (1=40X60/1=24X40), 1 MORE 1992 (24X40), 2 MORE 1995 (EACH 28X40), AND IN 1999 BUILT THE NEWEST ONE WITH 4000 SQ FT (20X50 SHOWROOM/OFFICE & BATH/CENTRAL AC/30X80 HEATED STORAGE/CRUSHED CEMENT PARKING/12X10 OVERHEAD + 1 SERVICE IN ADDITION TO FORMAL SHOWROOM ENTRANCE)/CEILINGS & WALLS OF EACH BUILDING ARE INSULATED/ALL HAVE CIRCUIT BREAKER BOXES (100 AMP IN 5/200 AMP IN NEWEST)/ALL HAVE OVERHEAD DOORS (4=1 EACH 12X12/1=2: 12X12 + 12X13/NEWEST: 1= 12X10)/ALL HAVE SINGLE SERVICE DOORS/ALL HAVE 14 FT SIDEWALLS W/ROOF 3/12 PITCH/ READ ON FOR MUCH MORE! OWNER INSTALLED 1200 GAL SEPTIC W/600 SQ FT DRAINFIELD 1990 (PUMPED MAY 2011: HAS PUMPED EVERY 2-3 YEARS); PILTZ WELL DRILLING INSTALLED WELL (APROX 100 FT DEEP/4-INCH) - TAG LINES IN FOR SEWER/WATER AT SOUTH PROPERTY LINE; EACH TENANT PAYS OWN GAS/ELECTRIC & OWNER MOWS SMALL AMOUNT OF GRASS/OWNER SHARES WITH WESTERLY BUSINESS OWNER THE COST OF MAINTENANCE OF GRAVEL ROAD EASEMENT JOINTLY USED (APROX COST TO EACH $200 EVERY 3-4 YEARS: GRADE/FILL ANY HOLES)/SAME WESTERLY NEIGHBOR PLOWS THE SNOW FOR SAME EASEMENT & OWNER'S 6 BUILDINGS AT NO EXTRA CHARGE/GROSS INCOME FOR 2010 = $41,700/BIG BEAUTIFUL NEWEST BUILDING RECENTLY VACATED AND IS AVAILABLE FOR $1,900 MONTHLY + UTILITIES AS STATED ABOVE: ALL THIS ON 2.35 ACRES TOO! CALL TODAY FOR YOUR PERSONAL PREVIEW - QUITE THE INVESTMENT OPPORTUNITY FOR ANYONE! (TOTAL 10,560 SQ FT LISTED ABOVE IS GROSS FOR ALL 6 BUILDINGS INCLUSIVE; TOTAL 8,960 SQ FT LISTED ABOVE IS GROSS FOR WAREHOUSE/STORAGE SPACE FOR ALL 6 BUILDINGS INCLUSIVE; LEASE AMOUNT/ANNUAL LEASE AMOUNT LISTED AS $41,700 IS GROSS FOR 6 BUILDINGS INCLUSIVE FOR 2010) INTERIOR PICTURES ARE OF NEWEST BUILDING W/WINDOWED RECEPTION-DISPLAY AREA W/DRINKING FOUNTAIN-3/4 BATHROOM-UTILITY ROOM-MAINTENANCE/SERVICE/STORAGE AREA WITH ELECTRIC OVERHEAD DOOR IN ADDITION TO SINGLE SERVICE ENTRY: ONE OF THE CLEANEST BUILDINGS YOU WILL FIND, AGAIN INDICATIVE OF THE OWNER'S CARE & MAINTENANCE/UPKEEP! OWNER HAS BEEN SELF-EMPLOYED FOR MANY YEARS AND IS "REALLY RETIRING!"
Listing provided courtesy of: ADVANCE REALTY

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The data relating to real estate on this web site comes in part from the Internet Data Exchange Program (IDX) of the Paul Bunyan Board of REALTORS®. The listings displayed come from various member offices of the Wexford/Missaukee MLS database or Ros Co MLS database, as so designated, and who have chosen to participate in Paul Bunyan Board of REALTORS® IDX Service, through its subsidiary corporation, Paul Bunyan MLS, Inc. The detailed information about said listings includes the listing office information.

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