700 Borton $328,000

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    700 Borton Essexville, MI 48732

    • 0 Beds
    • 0 Baths
    • Business Opportunity
    • MLS# 50111188
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    Views: 100 Days On Site: 330

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    Property Details

    Dr Hafford IS CONTINUING his practice, wants to SELL building and LEASE-BACK. Building is ADA accessible. Dr Hafford occupies the north part of the building which has a finished below grade area. The south side of building was leased for $2,500 per month and is presently vacant. It is a very nice structure. At a projected triple net lease with 100% occupancy, the CAP rate would be about 18%. There is also an XRAY machine in the building.

    • General Features
      • Year Built 1978
      • ZONING Professional Office,Commercial
      • Envirnmntl Condition Y/N No
      • Waterfront Y/N No
      • Municipality Type City
      • Municipality Essexville
      • County Bay
      • Area Municipality Essexville (09018)
      • Acreage 2.1
    • Building Features
      • Basement Y/N Yes
      • Heating System Forced Air
    • Property Features
      • Frontage 300
      • Lot Size 300x300
      • Water Public Water

    Contact

    Mark Duncan

    Mark Duncan

    Office Owner

    RE/MAX Results

    Mobile: 989-239-3664

    Neighborhood

    48732 (Essexville) Demographics

    48 Median Age
    356 Population Density (per sq. mile)
    33% College Educated
    $44,036 Estimated Median Income
    3,497 Estimated Total Home Owners
    1,572 Estimated Total Renters
    69% / 31% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    11,030 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $136,000 Median Sales Price
    13 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: $328,000
        6/5/2023 7:34:00 PM New in Database Source: Multiple Listing Service New Value: $328,000

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        Listing provided courtesy of the RABC MLS INTERNET DATA EXCHANGE (IDX). Information not legally guaranteed. All items 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.