1088 S UNIVERSITY Street Mt. Pleasant, MI $ 975,000
1088 S UNIVERSITY Street
$ 975,000
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1088 S UNIVERSITY Street

Mt. Pleasant, MI, 48858
$ 975,000
Bedrooms-- Baths-- Sq 4,100

Monthly Estimate*

$ 6,003

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Commercial Property for sale in Mt. Pleasant, MI for $975,000. This 4,100 square foot building was built in 1998 on a lot size of 0.28.

1088 S University is a turnkey restaurant in a prime location directly across from Central Michigan University. The property is located across the street from the central campus and Grawn Hall, home to CMU's college of business & administration. This property features a sprawling main level boasting 4,100 square feet, with a commercial kitchen, dining area, and separate event space. The building also features a fully finished lower level with an entertainment area perfect for an arcade or secondary event space, a dressing room w/ a full bath, and ample storage. Don't miss a rare opportunity to purchase a restaurant-ready property in a prime location.

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Commercial Active

Price

$ 975,000

Property Type

Commercial

Taxes

$ 18,707

Style

RealEstateOnly

Lot Size

0.28

Year Built

1998

Town/City

Mt. Pleasant

County/Region

ISABELLA

MLS | Web ID

20221026296

Features
General
Sewer PublicSewer StormDrain
Heating ForcedAir
Cooling CentralAir
Possession AtClose
Roof Other
Security Features FireAlarm FireSprinklerSystem
Construction Materials Block
Year Built 1998
Electric Power3Phase
Levels One
Property Subtype RealEstateOnly
Current Use Restaurant
Business Type Retail
Accessibility AccessibleCommonArea
County Isabella
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name COLLEGE HILL ADD
Garage Y/N N
Building Features DoorsUnder10ft Humidifier EmployeeLunchLounge OutsideLighting ProgrammableThermostat
Status Active
Directions Bellows to S University
City MtPleasantCity_Isabella
Senior Community Y/N N
High School District MtPleasant
Zoning Description Commercial
MLS Area Area37112MountPleasant
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 18707.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 289595
TaxOtherAnnualAssessmentAmount 0.0
Expected Active Date 2022-08-02
Legal Description COLLEGE HILL ADD LOT 15 BLOCK 2 AND MARTIN ADD LOT 11.
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Exterior
Parking Features ParkingLot OnStreet
Water Source Public
Lot Size Area 0.28
Foundation Details Basement Block
Spa N
Building Area Total 4100.0
Lot Dimensions 98x136x101x136
Lot Size Acres 0.28
Waterfront Y/N N
Road Frontage Type ClassA Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4100.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 1088
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* Excluded Features
List By
Mark Krysiak

Listing Agent

Casablanca Real Estate Company, Llc

Broker

(248) 982-3360

Phone

Affordability Calculator

$7,562
Per Month
79%
21%
0%
Monthly Principal & Interest
$6,003
Monthly Property Taxes
$1,559
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4909792 Elementary School
4909635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/17/2023$625,000 Listed Price

Map


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1088 S UNIVERSITY Street, Mt. Pleasant, MI, 48858 is a Commercial Property for sale at $975,000 with 4,100 sqft and a lot size of 0.28. 1088 S UNIVERSITY Street was built in 1998. The property's zip code is 48858 which is in Mt. Pleasant, MI