40 N State Street $484,500

    Close

    40 N State Street St. Ignace, MI 49781

    • 8,859 sq. ft.
    • Commercial
    • MLS# 201826075
    Favorite Share
    Views: 49 Days On Site: 242

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Possible Owner Financing and/or lease to qualifed buyer! Great space with unlimited possibilities located in historic downtown St. Ignace! Located across from the main downtown Mackinac Island Ferry dock and the Lake Huron Boardwalk, this 8859 sq ft space currently houses a successful embroidery/screen printing business and insurance co. tenant and is located in a prime tourist area in Michigan's Eastern U.P. Rear parking as well as back street access is perfect for deliveries. This spacious & attractive building has great potential for a mall-type set-up with many businesses & an upper-level addition to accommodate beautiful water-view living. Northern Shirt business is for sale for $130,000 and can be moved to smaller space. Owner training offered. Located in the Opportunity Zone.

    • General Features
      • Type Retail
      • Business Information Business Opportunity,Income Property,Real Estate Only
      • Year Built 1956
      • SqFt. Total 8,859
      • Subdivision ASSESSOR'S PLAT NO. 5
      • County Mackinac
    • Building Features
      • Construction Frame
      • Heating/Air Conditioning Forced Air
    • Property Features
      • Lot Size 70 x 176 +/-
      • Parking Street Parking
      • Road Blacktop
      • Driveway None
      • Internet Access Cable
      • Electric Master
      • Sewer Municipal
      • Water Municipal
      • Gas Master
    • Schools
      • School District St Ignace

    Contact

    Team Sherwood

    Team Sherwood

    Office Owner

    RE/MAX North

    Direct: 231-627-9992

    Neighborhood

    49781 (St. Ignace) Demographics

    51 Median Age
    34 Population Density (per sq. mile)
    31% College Educated
    $50,564 Estimated Median Income
    1,236 Estimated Total Home Owners
    587 Estimated Total Renters
    68% / 32% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    3,471 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $140,450 Median Sales Price
    2 Homes Sold
    5 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: $484,500
        2/8/2024 12:50:32 PM Price Reduced Source: Multiple Listing Service New Value: $484,500 -2.02%
        1/2/2024 12:20:29 PM Price Reduced Source: Multiple Listing Service New Value: $494,500 -1%
        8/29/2023 1:52:00 PM New in Database Source: Multiple Listing Service New Value: $499,500

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * 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.
        The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than the firm which owns this website are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Water Wonderland MLS, Inc © All rights reserved.

        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.