Remarks

6400 square foot building with two storefronts, located in flourishing and vibrant downtown St. Louis, Michigan. St. Louis is geographically the “Middle of The Mitten” and is three miles from US 127. This building is in a prime location, just a few steps from M46, within the downtown business district. The retail space could be used as one storefront or two separate. The north side of the building has gone through renovations in recent years that include newer flooring, newer front windows, and exposed tin ceilings. Plus, there is a newer membrane roof with a lifetime warranty. Now let's discuss the possibilities of this building! There are 3200 square feet upstairs that is unfinished and zoned for residential. Room for 4 apartments that the bones are already there and the State of Michigan has incentive programs through the Michigan Economic Development Corporation, which could provide the funding for the renovations. In addition to that, you could use one storefront for your desired business and lease the other side to produce immediate income. With the huge retail/commercial space, two storefronts, potential rental income, single-car garage, and vast parking space, this property is worth some thought!? Seller would consider a possible Land Contract.

Details

MLS#: 1923441
Price: $149,900

Style: Office Building
Sq Ft: 6400
Year Built: 1900

County: Gratiot
Lot Size: 0.16
Tax Fee: 1486.88