6720 Red Arrow Coloma, MI ^$ 424,900

6720 Red Arrow

^$ 424,900

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6720 Red Arrow

Coloma, MI, 49038

^$ 424,900

Studio Baths0.0 Sq 4,515

Monthly Estimate*

^$ 2,968

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Studio

Commercial Property for sale in Coloma, MI

for $424,900. This 4,515 square foot building was built on a lot size of 1.8.

Great business opportunity, currently a car dealership (servicing and selling vehicles)! Owner is retiring and ready to pass along the business. Equipment related to the business is included (note- personal items excluded). Detached building with 3 hydraulic lifts, and the main office building consists of over 4000 sq. ft. with ample office space, restrooms. All 4 licenses included with the state. Lease option to purchase, $5,500 a month NNN, the licenses stay with the 20% down option to buy.

Commercial Active

Price

^$ 424,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

1.8

Town/City

Coloma

County/Region

Berrien

MLS | Web ID

60187517

Features

General

Possession At Close

Water Private Well

Status Active Active

Year Built 19

County Berrien

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Coloma Twp

Zoning Commercial

Subdivision MI

Area Coloma Twp (11008)

Primary City Coloma

Directions E S CHURCH ST N RYNO RD

City Coloma

Street Name RED ARROW

Financial Terms Cash Conventional

Legal Description THE N 400'OF THE W 200'OF THE N1/2 OF THE W1/2 OF THE E1/2 OF THE NW1/4 SEC 28 T3S R17W EXC HWY R/W

DOM 449

Postal Code 49038

Price Per Sq Ft 94.11

Coming Soon Great business opportunity

Exterior

Exterior Brick Stone Wood

Frontage 200

Lot Size Area 1.8

Lot Dimensions 200.00 x 400.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Jeff Glover

Listing Agent

Kw Professionals

Broker

adminteam@gloveragency.com

Affordability Calculator

$2,968

Per Month

Monthly Principal & Interest: $2,968
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

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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 Coloma, MI

Average List Price ^$456,360

Percent of Sale Price 7%

About Coloma, MI

1,332 Population

-5% Since 2002

^$45,855 Median Income

41.31 Median Age

28% 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
9/5/2023	$424,900	-5.56%	Price Down
6/3/2023	$449,900	-2.17%	Price Down
1/30/2023	$459,900		Listed Price

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6720 Red Arrow, Coloma, MI, 49038 is a Commercial Property for sale at $424,900 with 4,515 sqft and a lot size of 1.8. 6720 Red Arrow is a studio with 0.0 baths. The property's zip code is 49038 which is in Coloma, 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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6720 Red Arrow

Commercial Property for sale in Coloma, MI

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