316 W Broomfield Street Mount Pleasant, MI ^$ 450,000

316 W Broomfield Street

^$ 450,000

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316 W Broomfield Street

Mount Pleasant, MI, 48858

^$ 450,000

Studio Baths0.0 Sq 5,166

Monthly Estimate*

^$ 3,143

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Studio

Commercial Property for sale in Mount Pleasant, MI

for $450,000. This 5,166 square foot building was built in 1980 on a lot size of 0.51.

GREAT INCOME PRODUCING PROPERTY AT THE DOOR STEP OF CENTRAL MICHIGAN UNIVERSITY'S CAMPUS. DON'T LET THIS OPPORTUNITY PASS..... PROPERTY IS LEASED OUT AND IS PERFORMING AROUND A 10% CAP RATE. DRAGON EXPRESS IS THE TENANT IN THE FRONT AND OCCUPIES 3200 SQ FT. IT'S A WELL ESTABLISHED RESTAURANT AND LEASED THROUGH 2029. 312 SALON IS THE BACK TENANT AND OCCUPIES THE REMAINING 1800 SQ FT. THAT SPACE IS LEASED THROUGH 2025. PROPERTY HAS HIGH VISABILITY ON A BUSY ROAD. TENANTS ARE RESPONSIBLE FOR THEIR OWN UTILITIES AND SOME MAINTENANCE.

Commercial Active

Price

^$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,600

Style

Commercial/Industrial

Lot Size

0.51

Year Built

1980

Town/City

Mount Pleasant

County/Region

Isabella

MLS | Web ID

80009818

Features

General

Heating Forced Air

Cooling Central A/C

Possession Subject To Tenant Rights

Water Public Water

Status Active Accepting Backup Offers

Year Built 1980

Subdivision N/A MI

County Isabella

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name DRAGON EXPRESS

Percent Ownership Private

Municipality Pleasant

Section 20

Zoning Commercial

Area Mount Pleasant (37018)

Primary City Mount Pleasant

Directions MISSION TO BROOMFIELD WEST TO PROPERTY

City Mount Pleasant

Street Name Broomfield

Financial Terms Cash Commercial Loan Conventional

Legal Description SEE ASSOCIATED DOCS FOR FULL LEGAL DESCRIPTION

DOM 258

Postal Code 48858

Price Per Sq Ft 87.11

Coming Soon GREAT INCOME PRODUCING PROPERTY AT THE DOOR STEP OF CENTRAL MICHIGAN UNIVERSITY'S CAMPUS. DON'T LET THIS OPPORTUNITY PASS..... PROPERTY IS LEASED OUT AND IS PERFORMING AROUND A 10% CAP RATE. DRAGON EX

Exterior

Exterior Block Brick

Lot Size Area 0.51

Lot Dimensions 96 X 233

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Adam Vibber

Listing Agent

Century 21 Lee-Mac Realty

Broker

adam.vibber@century21.com

Affordability Calculator

$3,777

Per Month

Monthly Principal & Interest: $3,143
Monthly Property Taxes: $633
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 Mount Pleasant, MI

Average List Price ^$293,739

Percent of Sale Price 35%

About Mount Pleasant, MI

27,234 Population

8% Since 2002

^$34,636 Median Income

21.72 Median Age

19% 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
8/10/2023	$450,000		Listed Price

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316 W Broomfield Street, Mount Pleasant, MI, 48858 is a Commercial Property for sale at $450,000 with 5,166 sqft and a lot size of 0.51. 316 W Broomfield Street is a studio with 0.0 baths and was built in 1980. The property's zip code is 48858 which is in Mount Pleasant, 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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316 W Broomfield Street

Commercial Property for sale in Mount Pleasant, MI

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