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    209 N Mable St. (M-13) Street E

    Pinconning, MI 48650
    • $349,000
    • STATUS: Active
    • ON SITE: 377 Days
    • ID#: 2200076050
    UPDATED: 35 min ago
    $349,000
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,200
      SQFT
    • $48
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1996
    County:
    Bay
    Area:
    Zoning:
    Commercial,Multi-Family,Office,Residential
    Lot Size Dimensions:
    Business Only

    School Ratings & Info

    School District:

    Description

    INCOME PRODUCING PROPERTY !! Mixed use, and currently 100% occupied. 8 unit income property, consisting of (2) second story two bedroom apartments and FIVE main floor retail / office / residential units. Very well maintained newer construction (1996) with a great location on busy M-13 in the City of Pinconning. Known as "PINCONNING BUSINESS CENTER". Excellent gross and net income, currently 10% + CAP rate. Property has shared paved parking with busy Restaurant / Bar, with great exposure. Five miles from the Saganing Casino and Hotel, and two miles from the Saginaw Bay (Lake Huron) famous for its Walleye and Perch fishing.

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    © 2021 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: 2021-09-28T14:59:09.743.
    www.nexushomesearch.com/homes/110021136
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    209 N Mable St. (M-13) Street E Pinconning, MI 48650

    • Price: $349,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: 2200076050
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    7,200
    SQFT
    $48
    $/SQFT
    1996
    Built
    Neighborhood:
    City Of Pinconning
    County:
    Bay
    Area:
    Pinconning
    School District:
    PINCONNING
    Property Description
    INCOME PRODUCING PROPERTY !! Mixed use, and currently 100% occupied. 8 unit income property, consisting of (2) second story two bedroom apartments and FIVE main floor retail / office / residential units. Very well maintained newer construction (1996) with a great location on busy M-13 in the City of Pinconning. Known as "PINCONNING BUSINESS CENTER". Excellent gross and net income, currently 10% + CAP rate. Property has shared paved parking with busy Restaurant / Bar, with great exposure. Five miles from the Saganing Casino and Hotel, and two miles from the Saginaw Bay (Lake Huron) famous for its Walleye and Perch fishing.
    Exterior Features

    Airport YN No Architecture Level 2 Story Commercial Exterior Features Awning/Overhang(S)Outside Lighting Construction Materials BrickWood Foundation Details Crawl Foundation Materials Brick Interstate YN No Lot Size Dimensions Business Only Railroad YN No Road Frontage Feet 89 Road Frontage Type Paved Roof Material Metal Side Of Street W Waterfront YN No Waterway YN No

    Interior Features

    Commercial Utilities Cable Tv Heating Cooling Central AirForced Air Heating Fuel Natural Gas Office Heating Cooling Central AirForced Air Room Count 0 Sq Ft Main 7200 Sq Ft Office 7200 Unit Efficiency Number Of 1 Unit One Bed Number Of 3 Unit Two Bed Number Of 4 Water Heater Fuel Natural Gas

    Property Features

    Apod Available YN Yes Assessment 0 Business Type OfficeResidentialRetail Commercial Type ApartmentsBusiness OpportunityCommercial Current Use Mixed Use- Commercial/Residential/Office Encroachment YN No Exclusions YN No Gross Scheduled Income 64800.00 Inventory Included YN No Inventory List YN No Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Sales 1 Net Operating Income 42800.00 Operating Expense 22000.00 Ownership Status Private OwnedShort Sale - No Percent Leased 100 Possession Negotiable Postal City Pinconning Protection Period 180 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 4500.0000 Tax Amount Winter 3572.0000 Title Private - Owned Total Tax 8072.0000 Unparsed Address 209 N Mable St. (M-13) St E Water Source Municipal Water Year Remodeled 2020 Zone Conform YN Yes Zoning CommercialMulti-FamilyOfficeResidential

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    © 2021 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: 2021-09-28T14:59:09.743.
     
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    RE/MAX Nexus
    255 E. Brown St - Suite 205
    Birmingham MI, 48009