202 Bridge St | Houghton, MI 49931
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202 Bridge St
Houghton, MI 49931
Sherwin-Williams · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Extremely Low Competition: Closest Sherwin-Williams, Lowe's & Home Depot are over 1 hour and 45 minute drive away, making this the go-to location.
- Roof redone 9/18/2020 with ten-year warranty
- Subject represents a great investment property for a 1031 exchange options for first time investors
- Sherwin-Williams is responsible for any increase to taxes over and above the base year amount (base year created in 1993)
- Sherwin-Williams has been at this site since 1991 (over 32 years) increasing likelihood of exercising their remaining (2) five-year renewal options.
- Sherwin-Williams has been at this site since 1991 (over 32 years) increasing likelihood of exercising their remaining (2) five-year renewal options.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,251 SF
Building Class
C
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
1.10
Lot Size
0.11 AC
Parking
18 Spaces (3.43 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 052-245-004-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $21,000 |
PROPERTY TAXES
Parcel Number
052-245-004-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$21,000
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