Ravenna, MI 49451-9159,12379 Stafford Street
Ravenna, MI 49451-9159,12379 Stafford Street
Ravenna, MI 49451-9159,12379 Stafford Street
14
$322,000
$350,000
8.0%
Est.Price: ?

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5,120 SqFt

12379 Stafford Street Ravenna, MI 49451-9159

Est. payment /mo
SOLD DATE : 03/15/2024

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Key Details

Sold Price $322,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,120 sqft

Price per Sqft $62

Subdivision Mi

MLS Listing ID 70386666

Sold Date 03/15/24

Year Built 1995

Annual Tax Amount $7,749

Tax Year 2023

Lot Size 1.070 Acres

Acres 1.07

Lot Dimensions TBD

Property Description

Investment opportunity in downtown Ravenna. Property is comprised of over 1-acre of land developed with a two-story (main level and lower walk-out level) building and associated parking and landscaped areas. The main level is 100% occupied by an insurance agency, while the lower level represents upside potential for an investor. Over 3 years remain in the current lease term. The majority of the lower level is finished and could accommodate 3 additional tenants. Former tenancy included a salon and related infrastructure (water supply, etc.) remains in the space. The lower level units are currently vacant or used for general storage. Ample parking is available for the street-level as well as the walk-out level. Please do not approach tenant. Building tours to be held after normal business

Location

State MI

County Muskegon

Area Ravenna (61028)

Interior

Heating Forced Air

Exterior

Parking Features 11-20 Spaces

Roof Type Composite

Building

Water Public Water

Structure Type Frame,Vinyl Siding,Wood

Others

Energy Description Natural Gas

Acceptable Financing Land Contract

Listing Terms Land Contract

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Core Realty Partners LLC
Bought with Five Star Real Estate (M6)

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David Wietecha

Agent | License ID: 6501453131

+1(586) 722-6737

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