Remarks

Rare opportunity to own a commercial building in downtown Laingsburg at 101 N. Laing Street! Located in Shiawassee County, this sale will include the building and parking lot behind. With over 7500 total sq ft in the building, and its current zoning of C-1 commercial improved, the possibilities are endless. Seller believes there are opportunities for housing and potential grants available for housing development. Please verify with the city/county to see if your plans fit within these parameters. Requests for Developer Qualifications are to be directed to (517) 651-5374. A copy of the Development Plan & Tax Increment Financing Plan and an example of potential development opportunity (example is from a nearby building) are attached to this listing as documents. This building parcel number IS included in said attachment.
Sellers have done many improvements to this building. Current use is a lawn/snow business. From this location, you are just a short drive to the highway and are walking distance to everything downtown. The main floor has 2 open areas for your business needs, including an 8 ft overhead door, as well as a small front office and closet space. The gas meter has been removed since sellers do not heat the building.

City sewer is present but not turned on. Some updates include: tear down of 118 Crum to create a parking lot for business, privacy fence around parking lot, new windows, newer pressure tank (not being used), building integrity reinforcements, some electrical updates; 200 amp panel, masonary work, siding, exterior of building has been painted, newer overhead door. The covered entrance on the side of the building leads to the 2nd floor, which has tall ceilings, roughed in and has tons of potential. The 3rd floor is completely open and could be built to whatever suits your needs! Please contact the City of Laingsburg with any zoning or re-zoning questions.

Details

MLS#: 285048
Price: $250,000

Style: Commercial Sale
Sq Ft: 2552
Year Built: 1920

County: Shiawassee
Lot Size: see legal
Tax Fee: 2836.54

School District: Laingsburg