107 E State Street, Mancelona, MI 49659
sale
$330,000
|
Business Op
Courtesy Of DEK REALTY
6075 Cedar River Road, Mancelona, MI
Business opportunity of a lifetime! This 20,000+ square foot building is located in the heart of northern Michigan, on the corner of high traffic US-131 and M-88. An average of 9000+ cars pass through this intersection daily and this has increased 33% in the past year. This cornerstone building of Mancelona has 3 stories and the possibilities are endless for a creative entrepreneur. It is the perfect place for a much-needed bar/restaurant. There is also the possibility of retail, office and/or multiple apartments in an area with a shortage of rental housing. This building is located in an ''Opportunity Zone'' which offers investors a special break on taxes and capital gains. This historic gem was built in 1908, and has had multiple uses over the years. The main building was a PNC bank
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Copyright © 2020 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.
Property Features
- Amenities: Basement
- Architecture Style: Other
- Cooling System: Central A/C
- Exterior Type: Concrete Block
- Exterior Type: Brick
- Exterior Type: Block
- Floors: 3.0
- Heating Fuel: Natural Gas
- Heating System: Hot Water
- MLSID: 321265
- Parking Type: Paved or Surfaced
- Parking Type: Parking Lot
- Roof Type: Unknown
- Rooms: Storage
- Rooms: Basement
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