2470 Cedar Street $400,000

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    2470 Cedar Street Holt, MI 48842

    • 0.67 Acres
    • Commercial
    • MLS# 278716
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    Views: 10 Days On Site: 69

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    Property Details

    Welcome to 2470 Cedar St in Holt. Calling all investors and entrepreneurs to take a look at this great business opportunity in one of the busiest streets in the Ingham County. Right across the street from Kroger in Holt! Formerly a restaurant and bar (no current liquor license), this space could easily support a hospitality business. This building sits on over half an acre, and it comes with TWO BONUS apartment units upstairs. Each unit has two bedrooms and one bathroom, and current rent value in Holt, MI for a two bedroom, and one-bathroom apartment is easily $1,000 per month. This building is listed below market value due to the fact that some updates are likely needed. Don't miss out on this great business opportunity! Schedule your showingtoday!

    • General Features
      • Subdivision None
      • Year Built 1935
      • Current Use Bar/Tavern/Lounge,Residential,Restaurant
      • County Ingham
      • Zoning Commercial
    • Building Features
      • Appliances Microwave
      • Exterior Brick
    • Property Features
      • Sewer Public Sewer
      • Land Acreage 1/2+ thru 1 Acre
    • Schools
      • School District Holt/Dimondale

    Contact

    Tim Sabrosky

    Tim Sabrosky

    Sales Associate

    RE/MAX Real Estate Professionals

    Mobile Phone: 517-285-3017

    Neighborhood

    48842 (Holt) Demographics

    39 Median Age
    1,205 Population Density (per sq. mile)
    50% College Educated
    $68,776 Estimated Median Income
    6,264 Estimated Total Home Owners
    2,963 Estimated Total Renters
    68% / 32% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    21,950 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $290,750 Median Sales Price
    18 Homes Sold
    22 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $400,000
        2/20/2024 3:22:00 PM New in Database Source: Multiple Listing Service New Value: $400,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. All information is deemed reliable but is not guaranteed.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.