Active For Sale Investment

88 N Main St NE

88 N Main St NE, Cedar Springs, MI, 49319

ID 41242217

Overview

Spotless from top to bottom. When looking for an investment property that checks all of the boxes, this Cedar Springs building does the job. With street retail on the main level and a 3 bedroom, totally renovated apartment on the upper level, you'll be able to see how the owners have spared no detail. Staring with a new roof, and adding in new forced air furnace/AC, exterior siding, metered electrical and complete buildout of the commercial space. Current lower level tenant has 8 years left on a 10 year NNN lease showing their commitment to this location in the heart of downtown Cedar Springs. This is an investment that you'll be proud to own.

Additional Information

City
Cedar Springs
State
MI
Zip Code
49319
Primary Uses
Investment
Zoning
B-2
Zoning Description
Central Business
Floors
2
Year Built
1,900
Parking Spaces
1
Minimum Ceiling Height
14
Gross Income
$46,649.52
NOI
$34,576.6
Total Expenses
$12,072.92
Average Occupancy Rate
100%