Skip To Content

112 E 3Rd. Street

Imlay City, MI 48444
  • $539,900
  • STATUS: Active
  • ON SITE: 381 Days
  • ID#: 2210074460
UPDATED: 37 min ago
$539,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,316
    SQFT
  • $163
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
28X123X28X124

School Ratings & Info

School District:

Description

Building was damaged by fire in2016. Current Owner is a Broker/General Contractor and completely gutted & rebuilt building. New footings & added steel structure throughout the structure, all new water & sewer lines to City mains. Commercial doors and hardware. All new storefront aluminum frames and glass. All units have new Plumbing & Electrical services. Entire structure is fire suppressed to allow any mixed -use configuration. Heavy power, water and natural gas at main floor to allow for Bar or Restaurant . Building is fully leased [ 3 Tenants 4 Units] and completely renovated. Probably the nicest building in the Imlay City area. Building has 2 , 1 bedroom apartments , that are currently leased for $750 per month each. 2 Commercial units [ 1716 Sq. Ft. each ] ,Currently $1900 each, on 5 Year Lease with annual increases. [Main Floor & Loft Apartments all have 2 separate Entrance from Street & Alley] & Finished Basement with Separate rear Entrance.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-09-27T16:59:01.29.
www.nexushomesearch.com/homes/121320824
Print Image

112 E 3Rd. Street Imlay City, MI 48444

  • Price: $539,900
  • Status: Active
  • On Site: 381 Days
  • Updated: 37 min ago
  • ID#: 2210074460
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,316
SQFT
$163
$/SQFT
1900
Built
Neighborhood:
Palmer's Original
County:
Lapeer
Area:
Imlay City
School District:
IMLAY CITY
Property Description
Building was damaged by fire in2016. Current Owner is a Broker/General Contractor and completely gutted & rebuilt building. New footings & added steel structure throughout the structure, all new water & sewer lines to City mains. Commercial doors and hardware. All new storefront aluminum frames and glass. All units have new Plumbing & Electrical services. Entire structure is fire suppressed to allow any mixed -use configuration. Heavy power, water and natural gas at main floor to allow for Bar or Restaurant . Building is fully leased [ 3 Tenants 4 Units] and completely renovated. Probably the nicest building in the Imlay City area. Building has 2 , 1 bedroom apartments , that are currently leased for $750 per month each. 2 Commercial units [ 1716 Sq. Ft. each ] ,Currently $1900 each, on 5 Year Lease with annual increases. [Main Floor & Loft Apartments all have 2 separate Entrance from Street & Alley] & Finished Basement with Separate rear Entrance.
Exterior Features

Architecture Level 2 Story Commercial Exterior Features Outside Lighting Construction Materials Block/Concrete/MasonryBrickBrick Veneer (Brick Siding)Other Foundation Details BasementHeavy Duty Footings Foundation Features Sump Pump Foundation Materials BlockBrick/MortarPoured Interstate YN No Lot Size Dimensions 28X123X28X124 Road Frontage Feet 28 Road Frontage Type Class A Roof Material Rubber Waterfront YN No

Interior Features

Building Area Source Builder Commercial Utilities Energy Starã‚® Qualified Window(S)Energy Starã‚® Qualified Door(S)220V Available Heating Cooling Energy Starã‚® Qualified Furnace EquipmentForced AirCentral Air Heating Fuel Natural Gas Sq Ft Main 3316 Unit One Bed Number Of 2 Water Heater Fuel Natural Gas

Property Features

Business Type ServiceOfficeResidentialRetail Commercial Type Real Estate Only Current Use Retail With 2 Resinential Loft Apartments Encroachment YN No Existing Lease YN Yes Gross Scheduled Income 222.00 Inventory Included YN No Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Sales 3400 Net Operating Income 111.00 Operating Expense 111.00 Ownership Status Short Sale - NoPrivate Owned Percent Leased 100 Possession Subject To Tenant Rights Postal City Imlay City Protection Period 30 Days Rent Includes Trash Collection (Garbage Pickup) Settlement City Sewer Public Sewer (Sewer-Sanitary)Storm Drain Short Sale No Tax Amount Summer 1025.0000 Tax Amount Winter 134.0000 Title Standard (Private) Total Tax 1159.0000 Unparsed Address 112 E 3Rd. Street Water Source Public (Municipal) Year Remodeled 2020 Zone Conform YN Yes Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Midwest Commercial Construction Llc: (810) 721-1933 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-09-27T16:59:01.29.
 
https://bt-photos.global.ssl.fastly.net/michigan/orig_boomver_2_526164708-2.jpg https://bt-photos.global.ssl.fastly.net/michigan/orig_boomver_2_526164708-2.jpg https://bt-photos.global.ssl.fastly.net/michigan/orig_boomver_2_526164708-2.jpg
Logo
RE/MAX Nexus
255 E. Brown St - Suite 205
Birmingham MI, 48009