5704 W Ludington Drive Farwell, MI ^$ 649,000

5704 W Ludington Drive

^$ 649,000

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5704 W Ludington Drive

Farwell, MI, 48622

^$ 649,000

Studio Baths0.0 Sq 4,864

Monthly Estimate*

^$ 4,533

5704 W Ludington Drive, Farwell, MI 48622 - Image 1

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Studio

Commercial Property for sale in Farwell, MI

for $649,000. This 4,864 square foot building was built on a lot size of 80.

If you are looking to start or maybe move and expand your business, this 80 acres of Commercial property on heavily traveled US 10 between Lake and Farwell is just what you are looking for. This property offers three buildings including a 76x64 building with three interior offices, kitchen, 3/4 Bath, New furnace for the office area, well and septic. A 100x42 garage/storage/bay building equipped with oil change pits. A 78x82 Warehouse and cold storage. And an additional older residential 2 Bedroom, 3/4 Bath home on property. Property has a life lease to American Tower for 10 acres which no income is received but they pay 1/8th of Real estate taxes. Sale must be approved by American Tower.

Commercial Active

Price

^$ 649,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,187

Style

Commercial/Industrial

Lot Size

Town/City

Farwell

County/Region

Clare

MLS | Web ID

50137990

Features

General

Water Private Well

Status Active Active

Year Built 0

County Clare

Township Surrey Township

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Surrey Twp

Zoning Commercial

Subdivision MI

Flood Insurance Not Required

Area Surrey Twp (18015)

Primary City Farwell

Directions West on M-115 /E Main Street Left onto W Ludington Drive. Left onto US 10

City Farwell

Street Name Ludington

Financial Terms Cash Conventional

Legal Description T17N R5W SEC 18 5530(HOUSE) & 5704(BUSINESS) W LUDINGTON DR. E 1/2 OF SW 1/4

DOM 15

Postal Code 48622

Price Per Sq Ft 133.43

Coming Soon If you are looking to start or maybe move and expand your business

Exterior

Frontage 660

Lot Size Area 80

Lot Dimensions 660x2640

Well/Septic Inspection Done No

Waterfront Y/N No

* Excluded Features

List By

SHANNON CHRISMAN

Listing Agent

Homewaters - Gladwin

Broker

shannon@homewaters.net

Affordability Calculator

$5,049

Per Month

Monthly Principal & Interest: $4,533
Monthly Property Taxes: $516
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Farwell, MI

Average List Price ^$271,271

Percent of Sale Price 58%

About Farwell, MI

914 Population

0% Since 2002

^$37,426 Median Income

43.5 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/8/2024	$649,000		Listed Price

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5704 W Ludington Drive, Farwell, MI, 48622 is a Commercial Property for sale at $649,000 with 4,864 sqft and a lot size of 80. 5704 W Ludington Drive is a studio with 0.0 baths. The property's zip code is 48622 which is in Farwell, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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5704 W Ludington Drive

Commercial Property for sale in Farwell, MI

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