106 E 3RD Street Imlay City, MI ^$ 499,000

106 E 3RD Street

^$ 499,000

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Recently Listed

106 E 3RD Street

Imlay City, MI, 48444

^$ 499,000

Studio Baths0.0 Sq 7,104

Monthly Estimate*

^$ 3,486

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Studio

Commercial Property for sale in Imlay City, MI

for $499,000. This 7,104 square foot building was built on a lot size of 0.14.

Welcome to this fantastic Investment Opportunity nestled in the heart of Downtown Imlay City, MI. This building features two upstairs newly renovated loft/apartments boasting 1500+ sq feet each, 2 beds, 2 baths, kitchen, laundry, Living rm, etc. with balconies. Live in one, rent the other? Also features two 1700 sq foot business build outs on main lvl. New Electrical, drywall, plumbing, fire suppression system throughout, newly re-paved parking in rear of building. Owner invested a TON in renovations. All the Big stuff is done! Land Contract Available. Book your viewing now!

Commercial Active

Price

^$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,305

Style

Commercial/Industrial

Lot Size

0.14

Town/City

Imlay City

County/Region

Lapeer

MLS | Web ID

60299717

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Roof Rubber

Exterior Features Security Lighting

Water Public Water

Status Active Active

Year Built 18

Subdivision CITY OF IMLAY CITY PALMER'S ORIGINAL PLAT MI

Water Heater Gas

County Lapeer

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Imlay City

Zoning Commercial

Commercial Features 220 Volt Power

Area Imlay City (44027)

Primary City Imlay City

Directions I69 to M53 N to 3rd st West to Destination

City Imlay City

Street Name 3RD

Financial Terms Cash Conventional

Legal Description CITY OF IMLAY CITY PALMER'S ORIGINAL PLAT E 25 FT OF LOT 1 AND W 22 FT 10 IN. OF LOT 2 BLOCK 19

DOM 19

Postal Code 48444

Price Per Sq Ft 70.24

Coming Soon Welcome to this fantastic Investment Opportunity nestled in the heart of Downtown Imlay City MI. This building features two upstairs newly renovated loft/apartments boasting 1500+ sq feet each 2 beds

Exterior

Exterior Brick Vinyl Siding

Frontage 48

Lot Size Area 0.14

Lot Dimensions 48.00 x 125.00

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

John Robinson

Listing Agent

Coldwell Banker Professionals

Broker

John.Robinson@coldwellbanker.com

Affordability Calculator

$3,928

Per Month

Monthly Principal & Interest: $3,486
Monthly Property Taxes: $442
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Imlay City, MI

Average List Price ^$407,300

Percent of Sale Price 18%

About Imlay City, MI

3,684 Population

-5% Since 2002

^$34,033 Median Income

33.92 Median Age

36% 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
4/11/2024	$499,000		Listed Price

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106 E 3RD Street, Imlay City, MI, 48444 is a Commercial Property for sale at $499,000 with 7,104 sqft and a lot size of 0.14. 106 E 3RD Street is a studio with 0.0 baths. The property's zip code is 48444 which is in Imlay City, 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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106 E 3RD Street

Commercial Property for sale in Imlay City, MI

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