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Affordable Investment Opportunity 13.5% CAP RATE

108 N Newton St, Fulton Township, MI 48856
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108 N Newton St, Fulton Township, MI 48856
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No items found.
FOR SALE
payments
Cash / Conventional
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Sq Ft
0.1
acres
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visibility
WATCHING THIS LISTING
Important Details
- Great investment with a 13.5% CAP rate!
- Building in great shape
- Only 40 min to downtown Lansing
- Tenant covers expenses
- Super affordable
Summary
For Sale - Only $40,000 with a 13.5% Cap Rate!! Tenant occupied with an affordable $450 / month lease This downtown office building was previously an insurance office and was in great shape to start. The new tenant runs a construction company and is continually making improvements as well. The building also has a secure bank vault! It is close to the expressway, only 40 min from Lansing. Check out the 3D Tour: https://my.matterport.com/show/?m=fYDgbKPPd16

360 Virtual Tour - Walk Through The Building Now

Property Information
Potential Use
Address
108 N Newton St, Fulton Township, MI 48856
Marijuana Permit Status
Existing Approvals (if any)
Parcel Size
0.1
Sq Ft
Year Built
1900
Zoning
C-1
Utilities
Electric, Gas, Sewer, Well - - Private well onsite
Annual Taxes
$
608
Traffic Count
Parking
Parcel ID
0511001200
Description
Due Diligence Documents
AUCTION
to

Affordable Investment Opportunity 13.5% CAP RATE

108 N Newton St, Fulton Township, MI 48856
swipe
108 N Newton St, Fulton Township, MI 48856
Sq Ft
0.1
acres
print
Zoned
C-1
print
mapthislocation
Features
- Great investment with a 13.5% CAP rate!
- Building in great shape
- Only 40 min to downtown Lansing
- Tenant covers expenses
- Super affordable
Inspection Dates:
Flexible - Request Appointment
Contact Us Directly To Schedule A Date
Don't Want To Wait For The Auction?
Buy It Now:
I Want It!
Starting Bid:
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Bidding Ends
Land Contract Terms:
Down payment due at closing:
Annual Interest Rate:
%
Balloon Payment Due:
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Monthly payment:
Land contract form:
Land Contract Template
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WATCHING THIS LISTING
This property is on
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360 Virtual Tour - Walk Through The Building Now

Description
For Sale - Only $40,000 with a 13.5% Cap Rate!! Tenant occupied with an affordable $450 / month lease This downtown office building was previously an insurance office and was in great shape to start. The new tenant runs a construction company and is continually making improvements as well. The building also has a secure bank vault! It is close to the expressway, only 40 min from Lansing. Check out the 3D Tour: https://my.matterport.com/show/?m=fYDgbKPPd16
Property Information
Potential Use
C-1
Address
108 N Newton St, Fulton Township, MI 48856
Marijuana Permit Status
Existing Approvals (if any)
Parcel Size
0.1
Sq Ft
Year Built
1900
Zoning
C-1
Utilities
Electric, Gas, Sewer, Well - - Private well onsite
Annual Taxes
$
608
Traffic Count
Parking
Parcel ID
0511001200
Description
Due Diligence Documents

Affordable Investment Opportunity 13.5% CAP RATE

108 N Newton St, Fulton Township, MI 48856
swipe
108 N Newton St, Fulton Township, MI 48856
mapthislocation
No items found.
UNDER CONTRACT
CALL FOR PRICE
payments
Cash Only
credit_score
Sq Ft
0.1
acres
print
No items found.
Important Details
- Great investment with a 13.5% CAP rate!
- Building in great shape
- Only 40 min to downtown Lansing
- Tenant covers expenses
- Super affordable
Summary
For Sale - Only $40,000 with a 13.5% Cap Rate!! Tenant occupied with an affordable $450 / month lease This downtown office building was previously an insurance office and was in great shape to start. The new tenant runs a construction company and is continually making improvements as well. The building also has a secure bank vault! It is close to the expressway, only 40 min from Lansing. Check out the 3D Tour: https://my.matterport.com/show/?m=fYDgbKPPd16

360 Virtual Tour - Walk Through The Building Now

Property Information
Potential Use
No items found.
Address
108 N Newton St, Fulton Township, MI 48856
Marijuana Permit Status
Existing Approvals (if any)
Parcel Size
0.1
Sq Ft
Year Built
1900
Zoning
C-1
Utilities
Electric, Gas, Sewer, Well - - Private well onsite
Annual Taxes
$
608
Traffic Count
Parking
Parcel ID
0511001200
Description
Due Diligence Documents
AUCTION COMPLETE

Affordable Investment Opportunity 13.5% CAP RATE


SOLD!
108 N Newton St, Fulton Township, MI 48856
108 N Newton St, Fulton Township, MI 48856

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Learn About The Area

Fulton Township, MI - Gratiot County
Fulton Township, MI - Gratiot County
Fulton Township is located in Gratiot County, Michigan. Gratiot County is located in the central part of the Lower Peninsula of Michigan. The county seat is Ithaca. Fulton Township is a civil township of Gratiot County, it's one of the 17 townships in the county. It's a rural area and most of the land is used for farming.
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Michigan
Marijuana Facilities For Sale Or Lease
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