1060 Trowbridge Road unit: 3 3, East Lansing, MI 48823
sale
$400,000
|
Single Family Detached
Courtesy Of First Home Real Estate Inc
6607 W. St Joseph Hwy, Lansing, MI 48917
Fantastic Investment & Business Opportunity in Suite 3! Don't miss your chance to own a well located commercial unit with an established retail business at suite 3, currently operating as a restaurant. Estimated expenses include: Water bill ($333 monthly). Consumers Energy ($2500 monthly). Board of Water and Light ($100 monthly). Taxes ($2000 monthly). Insurance ($3000 monthly). Total estimated yearly expenses $53,000. LEASE TERMS: Tenants pay the base rent plus property taxes, property insurance, and common area maintenance costs (for plus triple net lease). Currently 5 year lease terms. Rent is $6000 for suite 3 and 4. Zoned commercial. Prime location near the highway and just minutes from Michigan State University, ensuring high visibility and steady traffic. Zoned Commercial, this versatile space offers endless potential for a variety of uses. Prime location near the highway and just minutes from Michigan State University, ensuring high visibility and steady traffic. Parcel for Suite 3 is 33-20-90-45-804-100.
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Property Features
- Age: Over 50 Years Old
- Appliance: Oven
- Appliance: Refrigerator
- Appliance: Range
- Architecture Style: Ranch
- Building Units: 1
- Cooling System: Central Air
- Exterior Type: Vinyl Siding
- Floors: 1
- Heating System: Forced Air
- Legal Description: PART OF LOT 1 SUNRISE CENTER CITY OF EAST LANSING DESC AS: BEG AT NW COR OF SD LOT 1 - S89D 36' 16''E ALNG N LOT LN 189.86 FT TO NE COR OF SD LOT 1 - S00D 24' 45''W ALNG E LOT LN 68.2 FT - N89D 54' 53''W 25 FT - S00D 24' 45''W 19.16 FT - N89D 36' 16''W 16 4.79 FT TO W LOT LN - N00D 21' 48''E 87.5 FT TO POB 0.37 A FOR 2020: ADDED FROM 33-20-01-24-122-015
- MLSID: 290454
- Parking Spaces: 16
- Rooms: Bathroom 1
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