80820 MAIN Street $120,000

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    80820 MAIN Street Memphis, MI 48041

    • 1,242 sq. ft.
    • 0.06 Acres
    • Commercial
    • MLS# 60330784
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    Views: 12 Days On Site: 112

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    Property Details

    Opportunity Knocks! Excellent Opportunity To Own Storefront In The Heart of Desirable Downtown Memphis Located On Busy M19. All Brick Building With Newer Roof, Furnace and Air Conditioning. Newer Commercial Hood Fan. Lots of Investment or Business Options with 1,242 SqFt Space. No Competition In Memphis To Open up a Pizzeria, Coffee Shop, Breakfast Diner, Eatery, etc. Partial Basement. Two Bathrooms. Front and Rear Entrance. Land Contract Terms and Available For Lease At $1500/m.

    • General Features
      • Acreage 0.06
      • Area Municipality Memphis (50030)
      • County Macomb
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision S/P # 03 MEMPHIS
      • Total SqFt Finished 1242
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Basement
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water
      • Lot Size 25x95
      • Roads Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    48041 (Memphis) Demographics

    45 Median Age
    109 Population Density (per sq. mile)
    30% College Educated
    $81,591 Estimated Median Income
    1,457 Estimated Total Home Owners
    209 Estimated Total Renters
    87% / 13% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    4,370 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 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: $120,000
        10/23/2024 9:37:24 AM Price Reduced Source: Multiple Listing Service New Value: $120,000 -4%
        8/29/2024 2:52:43 PM Price Reduced Source: Multiple Listing Service New Value: $125,000 -13.79%
        8/12/2024 8:36:00 AM New in Database Source: Multiple Listing Service New Value: $145,000

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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.
        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.