124 W Upton Avenue, Reed City, MI 49677
sale
$239,000
|
Retail
Courtesy Of Results Real Estate LLC
129 W. Upton, Reed City, MI
Here's a rare chance to own an investment property with nearly three decades of proven rental income/stable lease history in the heart of Reed City's historic downtown business district. Whether you're a seasoned investor or seeking a smart entry into commercial real estate, this versatile, income-generating building delivers stability, flexibility, and long-term value. The lower unit features a flexible layout with 5 private offices, 2 bathrooms, and street front and rear parking lot entrances-ideal for medical, retail, or professional services. Upstairs you'll find a spacious 1-2 bedroom apartment with long-term rental history, plus a second apartment space ready for finishing to generate even more income. New roof installed in 2023 with a 30-year warranty, all new water lines, all new drain/sewer lines, new furnace and central air. Zoned for multiple uses, this well-maintained property is perfect for investors seeking passive income or a live/work setup in a prime location. Don't miss your chance to own a proven performer in downtown Reed City!
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Property Features
- Age: Over 50 Years Old
- Building Units: 2
- Cooling System: Central Air
- Exterior Type: Block
- Floors: 1
- Heating System: Forced Air
- Legal Description: LOT 13, EXC E 7 FT BLK 10 REED CITY ORIG PLAT
- MLSID: 26051647
- Parking Spaces: 2
- Roof Type: Rubber
- Rooms: Bathroom 2
- Rooms: Basement
- Rooms: Bathroom 1
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