5168 US Highway 31 N
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5168 US Highway 31 N
2,910 SF 100% Leased Office Building Williamsburg, MI 49690 $2,000,000 ($687/SF)
Investment Highlights
- Mixed-Use, remodeled in 2019
- 2 vacant motels onsite
- Prime location on US-31
Executive Summary
Large, mixed-use property with many development possibilities. Beautiful view of East Bay and convenient location on US-31 in Acme, backing up to the TART Trail. Remodeled office building with space for six tenants. Various sized offices with natural light; shared back entrance, hallway and restroom for 5 units. One large unit with front entrance. 2.25 acres of land, detached storage garage and plenty of parking. Two vacant motel buildings onsite could be fixed up or removed.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
2,910 SF
Building Class
C
Year Built/Renovated
1970/2000
Price
$2,000,000
Price Per SF
$687
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,910 SF
Building FAR
0.03
Lot Size
2.25 AC
Zoning
Mixed-Use - Multi-Family, Office, Retail, Commercial, Motel/Hotel
Parking
25 Spaces (8.59 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Kitchen
- Reception
- Central Heating
- Air Conditioning
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PROPERTY TAXES
Parcel Number | 01-103-079-00 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $341,700 |
PROPERTY TAXES
Parcel Number
01-103-079-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$341,700
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5168 US Highway 31 N
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