About this property

THREE 2,400 SF COMMERCIAL BUSINESS RENTALS - Each unit is fully rented and in excellent condition. Plaza has an abundance of parking spaces and plenty of room to build more units if needed. Units have had a high occupancy percentage with little down time between tenants. Price per SQFT of building including the 2.4A lot and paved parking is $135/SQFT. Well below new construction costs. As a landlord, this could be a good choice for a passive income.

Interior

Interior features: Broadband
Heating: Forced Air
Cooling: Central Air
Fireplace: Yes

Exterior & construction

Construction: Vinyl Siding, Brick
Roof: Composition
Lot size: 106,286 sq ft
Lot dimensions: 98.3x664.64x210.23x434.2x95.4x33.61x176.43

Utilities

Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Storm Sewer

Financial

Annual tax: $5,912
Tax year: 2025
Assessed value: $123,900

Listed by Bob Budreau · GREENRIDGE Realty Ludington

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Home priceDown payment (20%)Interest rate (%)Loan term

$4,930/mo

$195,000 down · $780,000 financed

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Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.