$300,000
$350,000
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218 S Cedar Street Kalkaska, MI 49646
2,922 SqFt
Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 2,922 sqft
Price per Sqft $102
Subdivision Mi
MLS Listing ID 80053181
Sold Date 04/30/25
Year Built 1900
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions ~149'x99'
Property Sub-Type Business
Property Description
Great investment opportunity in Kalkaska! This 2,922 SF office building sits on 0.34 acres and is centrally located in downtown Kalkaska. The main floor features a reception area, 4 offices, a bullpen area, a conference room, a kitchenette, a mailroom, and 2 restrooms. The second floor features 3 offices and a full restroom. There is also a separate garage structure that is great for storage. Priced at a 9.94% CAP in year 1 based on current lease with tenant.
Location
State MI
County Kalkaska
Area Kalkaska Twp (40008)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Parking Features Parking Lot
Roof Type Asphalt
Building
Foundation Basement
Water Public Water
Structure Type Frame,Vinyl Siding,Wood
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Exchange
Listing Terms Exchange
Financing Cash,Commercial Loan
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Coldwell Banker Schmidt Traver