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12379 Stafford Street Ravenna, MI 49451-9159
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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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Bought with Five Star Real Estate (M6)