Unique and rare opportunity - great investment! There are two buildings with a detached garage, shed, on a third acre lot for only $350,000. One building is 4,000 square feet. This building was a gun shooting range and store and all the equipement is still there. The second building is a two story 1,600 square feet with a wide open lower space for retail/business use. The upstairs is a 2 bedroom apartment which could be rented or used as living space. There is 120 feet of road frontage on Gratiot. Seller is offering Land Contract terms: 20% down ($70,000), down, 8% interest, amortized over 30 years but with a 6 year balloon. The gun range equipment is still there if a buyer wants to start their own gun range - brand new, the range equipment is over $200,000.
* This payment calculator is intended for educational and planning purposes only. ** 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.
Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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.
