114 S Division Street

$229,000

114 S Division Street Bellaire, MI 49615

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About this listing

South on Division St from E Cayuga St, property will be on your right

Great investment opportunity in Bellaire! This 1,569 SF office building sits on approximately 0.43 acres and is only one minute from downtown Bellaire. The main floor features 5 offices, a conference room, a kitchenette, and a restroom. The second floor is accessed via spiral staircase and features 3 offices and 2 restrooms. The building features a unique design and the second floor offices include covered outdoor balconies. Priced at an 9.54% CAP in year 1 based on current lease with tenant.

  • Building Size

    1,569 sqft

  • Lot Area

    0.43 acres

  • Year Built

    1980

  • MLS ID

    1929143

DESCRIPTION

  • • Water: Municipal Water
  • • Heating Fuel Type: Gas
  • • Road Type: City / Town Street
  • • Roof: Rubber
  • • Heating Type: Forced Air
  • • Exterior Description: Vinyl Siding

Map





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