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$525,000
26 Days On Site

11355 Saginaw Street
Mt Morris City, MI 48458

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
2,590
SqFt
$203
/SqFt
1952
Built
County:
Genesee

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1-810-360-3163
11355 Saginaw Street11355 Saginaw Street11355 Saginaw Street11355 Saginaw Street
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Cash flowing investment property with a current CAP rate of 12.7% in the city of Mt. Morris, MI. This is an all inclusive turn-key business with with profit & loss statements available for review to qualified buyers. 10 unit motel with a 3 unit renovated apartment building that is currently not being utilized with plenty of room to expand/build! Enjoy a large 3 car garage along with a workshop, as well as a maintenance room. Family owned and operated for the last 18 years with a fantastic relationship with the city! Less than 20% vacancy YEARLY! This is your opportunity to capitalize on a profitable business within a friendly municipality!

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Listing Snapshot
Price 
$525,000
Days On Site 
26 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,590 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
1952
MLS® Number 
5050177539
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 weeks agoListing first seen on site
4 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.16
Building Features 
AdditionalBldgsBathOutsideStorageFixturesFurnitureCeilingHeightLessthan16ftPrivateRestroomsLivingQuartersNoElevatorSeparateMeters
Parking 
Parking LotOther
Security 
Security System
Sewer 
Public Sewer
SqFt Total 
2590
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailableNatural Gas Connected
Water Source 
Public
Zoning 
Commercial, MultiFamily, Multiple, Residential
Interior Features
Appliances 
Gas Water Heater
Cooling 
Central AirWall/Window Unit(s)
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
BrickVinyl Siding
Fencing 
Fenced
Patio And Porch 
DeckPatio
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area08242MtMorris
School District 
MtMorris
Schools
School District
MtMorris
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Dane Seltzer Real Estate Group: 8108698009



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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