700 Borton Essexville, MI ^$ 328,000

700 Borton

^$ 328,000

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700 Borton

Essexville, MI, 48732

^$ 328,000

Studio Baths0.0 Sq 5,470

Monthly Estimate*

^$ 2,291

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Studio

Commercial Property for sale in Essexville, MI

for $328,000. This 5,470 square foot building was built in 1978 on a lot size of 2.1.

Dr Hafford IS CONTINUING his practice, wants to SELL building and LEASE-BACK. Building is ADA accessible. Dr Hafford occupies the north part of the building which has a finished below grade area. The south side of building was leased for $2,500 per month and is presently vacant. It is a very nice structure. At a projected triple net lease with 100% occupancy, the CAP rate would be about 18%. There is also an XRAY machine in the building.

Commercial Active

Price

^$ 328,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

2.1

Year Built

1978

Town/City

Essexville

County/Region

Bay

MLS | Web ID

50111188

Features

General

Heating Forced Air

Cooling Central A/C

Water Public Water

Status Active Active

Year Built 1978

Parking 21+ Spaces

Water Heater Gas

County Bay

Class COM/IND/BUS OPP

Type Business

Percent Ownership Private

Municipality Essexville

Section 23

Zoning Professional Office Commercial

Subdivision MI

Flood Insurance Not Required

Commercial Features 220 Volt Power ADA Accessible Bath Billboard Cable Internet Installed Cable TV Available Carpet Internet Available

Area Essexville (09018)

Primary City Essexville

City Essexville

Street Name Borton

Financial Terms Cash Commercial Loan Conventional Lease Lease w/Option

Legal Description Part of the NE 1/4 of Section 23. This is a very brief legal description. There are 4 metes and bounds descriptions for this property. I do have preliminary title work with two pages of legals

DOM 336

Postal Code 48732

Price Per Sq Ft 59.96

Coming Soon Dr Hafford IS CONTINUING his practice

Exterior

Exterior Brick

Frontage 300

Lot Size Area 2.1

Lot Dimensions 300x300

Roads City/County Class A Curbed Paved Street

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Michael Grabowski

Listing Agent

Real Estate Pro Group, Llc

Broker

grabowski.michael@yahoo.com

Affordability Calculator

$2,291

Per Month

Monthly Principal & Interest: $2,291
Monthly Property Taxes: --
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 Essexville, MI

Average List Price ^$258,525

Percent of Sale Price 21%

About Essexville, MI

3,378 Population

-11% Since 2002

^$49,885 Median Income

42.46 Median Age

29% 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
6/6/2023	$328,000		Listed Price

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700 Borton, Essexville, MI, 48732 is a Commercial Property for sale at $328,000 with 5,470 sqft and a lot size of 2.1. 700 Borton is a studio with 0.0 baths and was built in 1978. The property's zip code is 48732 which is in Essexville, 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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700 Borton

Commercial Property for sale in Essexville, MI

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