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Apartment Building For Sale By Owner
MULTI UNIT APARTMENT BUILDING with GROUND FLOOR RETAIL/OFFICE SPACE and STOREFRONT~MOTIVATED SELLER!
306 S. Sophie St., Bessemer, Michigan 49911 United States
Description
This beautiful, well maintained, historic brick building contains a split 4,000 + square foot retail space and three spacious second floor, one bedroom/bath apartments. All apartments and retail space are currently occupied by responsible tenants. The retail spaces are currently leased by a discount store. The upstairs apartments have been recently updated with new carpet, flooring and ceilings. There is onsite laundry (washer and dryer), and a hot tub room that leads to a 8' X 20' no maintenance roof top deck patio. As if this isn't enough there is an attatched 2-3 car garage and 2,000 sq/ft storage building with a loft. The main building has a newer durolast roof (2009) and boiler (2010).
The building and businesses are located on the main street of beautiful downtown Bessemer, Michigan (6 miles east of Hurley, WI). Bessemer is a small town in the western end of Michigan's Upper Penninsula and is a favorite destination for tourists who enjoy skiing, snowmobiling, hiking, fishing and all four seasons. Neighboring townsfolk from Wakefield and Ironwood patronize the shops as well. Other retail stores nearby include a clothing shop, bakery, convenience store and restaurant. The property is 4 miles from Ironwood, MI and Gogebic Community College.
Price: | $125,000 |
Property Sub-Type: | Apartment Building |
Gross Rent Multplier: | 2000 |
Total Building Size: | 9000 SF |
Total Building Size: | 9000 SF SF |
Total Lot Size : | 1 |
Year Built : | 1923 |
No of Stories: | 2 |
Occupancy: | 100 % |
Occupancy: | 100 % % |
Listing ID: | 1022 |
Map of: 306 S. Sophie St., Bessemer, Michigan 49911 United States