113 North Street Morenci, MI ^$ 249,900

113 North Street

^$ 249,900

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113 North Street

Morenci, MI, 49256

^$ 249,900

Studio Baths0.0 Sq 1,811

Monthly Estimate*

^$ 1,746

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Studio

Commercial Property for sale in Morenci, MI

for $249,900. This 1,811 square foot building was built in 1925 on a lot size of 0.04.

Locally owned Bar/Restaurant for over 50 years. The listing includes all licenses, fixtures, equipment, training and more. The building has an additional 1811 sq. ft basement for storage, additional cooler space, etc. There is a completely remodeled 900 sq ft apartment with separate entrance from the street.

Commercial Active

Price

^$ 249,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,291

Style

Commercial/Industrial

Lot Size

0.04

Year Built

1925

Town/City

Morenci

County/Region

Lenawee

MLS | Web ID

50129240

Features

General

Heating Forced Air

Cooling Central A/C HVAC

Roof Rubber

Water Public Water

Status Active Active

Year Built 1925

Parking Parking Lot

Water Heater Gas

County Lenawee

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name Morenci Pub

Percent Ownership Other/See Remarks

Municipality Morenci

Zoning Commercial

Subdivision MI

Commercial Features Restroom(s) Sidewalks Smoke/Fire Alarm

Area Morenci (46035)

Primary City Morenci

Location Main Street

Directions On North Street just North of Main Street.

City Morenci

Street Name North

Financial Terms Cash Commercial Loan Conventional

Legal Description Legal- S 22 FT of N 80 FT of the East 88 FT of LOT 20 ORIGINAL PLAT

DOM 327

Postal Code 49256

Price Per Sq Ft 137.99

Coming Soon Locally owned Bar/Restaurant for over 50 years. The listing includes all licenses fixtures equipment training and more. The building has an additional 1811 sq. ft basement for storage

Exterior

Exterior Brick Steel

Frontage 22

Body of Water None

Lot Size Area 0.04

Lot Dimensions 22 x 88

Lot Description Downtown Dev Authority

Well/Septic Inspection Done No

Water Features None

Roads City/County Paved Street State

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Bradley Frederick

Listing Agent

Gil Henry & Associates

Broker

bradfrederick@hotmail.com

Affordability Calculator

$1,937

Per Month

Monthly Principal & Interest: $1,746
Monthly Property Taxes: $191
Monthly Home Insurance: --

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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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Nearby

Trends
Schools

Commerical listings in Morenci, MI

Average List Price ^$154,967

Percent of Sale Price 38%

About Morenci, MI

2,047 Population

-11% Since 2002

^$43,002 Median Income

37.57 Median Age

31% 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
3/16/2024	$249,900	-5.70%	Price Down
3/16/2024	$265,000	-3.64%	Price Down
12/6/2023	$275,000		Listed Price

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113 North Street, Morenci, MI, 49256 is a Commercial Property for sale at $249,900 with 1,811 sqft and a lot size of 0.04. 113 North Street is a studio with 0.0 baths and was built in 1925. The property's zip code is 49256 which is in Morenci, 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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113 North Street

Commercial Property for sale in Morenci, MI

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