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117 S Pine River Street

Ithaca, MI 48847
  • $249,900
  • STATUS: Pending
  • ON SITE: 31 Days
  • MLS #: 21118523
Pending
UPDATED: 21 min ago
$249,900
  • 0
    BEDS
  • 0.05
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 5,000
    SQFT
  • $50
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1960
County:
Area:

School Ratings & Info

School District:

Description

BUSINESS OPPORTUNITY! Income Generating Now! Commercial Zoned and Multi-Family. Building has 4 Units Generating Income Currently. Salon Business ''It's All About You'' with DBA, All Equipment & Clientele. Stylist Chair currently renting with plenty more space. Salon is Well established for over 20 Years consistent in business. Unit #2 Commercial office space or retail store front. Unit #3 & 4 Residential apartments upstairs. Owner constructed units new in 2015, lived in & worked salon for many years. Building has been very well maintained and business is Turn-Key ready for you to occupy, manage or just collect the revenue! All residential & Commercial units occupied under month-to-month contracts. Great Investment Opportunity, Act Fast! Virtual Tour on file of all unitsBUSINESS OPPORTUNITY!! Income Generating Now! Commercial Zoned and Multi-Family Zoned. Building has 4 Units Generating Income Currently. Salon Business "It's All About You" for sale with DBA, All Equipment & Clientele. Cosmetologist is currently renting a chair with plenty more to rent or occupy. Salon is Well established for over 20 Years consistent in business. Unit #2 Commercial office space or retail store front next door and 2 residential apartments upstairs. Owner lived in Units upstairs while working salon for many years. Building has been very well maintained and business is Turn-Key ready for you to occupy, manage or just collect the revenue! 2 Residential apartment units upstairs are currently occupied under month-to-month contracts. Tenants will sign lease if new owner agrees. This is a no brainer business opportunity that is already generating income with so much room to grow and expand. Great Location in Downtown Ithaca and across from the Hearthstone Oven! Virtual Tour on File- MUST SEE!!! Opportunities like this don't happen often, so don't let this pass you by! Many more amazing details so act fast! Legal Description Includes Deeded Parking in rear of building for tenants. 4 Separate Electric Meters for each unit. Large Forced air furnace that heats all 4 Units. Shared Laundry for tenants in Apartment Common Area. Newer Membrane roof and well-maintained building. Apartments were previously occupied by owner and family and very quality above average materials used to update apartments. beautiful kitchen cabinets and newer flooring in both residential units. Tons of storage space for all units. Too many perks to list!

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© 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2022-01-17T22:59:49.447.
www.grhomeguide.com/homes/124120680
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117 S Pine River Street Ithaca, MI 48847

  • Price: $249,900
  • Status: Pending
  • On Site: 31 Days
  • Updated: 21 min ago
  • MLS #: 21118523
0
Beds
4
Baths
0
½ Baths
0.05
Acres
5,000
SQFT
$50
$/SQFT
1960
Built
Neighborhood:
Ithaca
County:
Gratiot
Area:
C19 - Ithaca
School District:
Ithaca
Property Description
BUSINESS OPPORTUNITY! Income Generating Now! Commercial Zoned and Multi-Family. Building has 4 Units Generating Income Currently. Salon Business ''It's All About You'' with DBA, All Equipment & Clientele. Stylist Chair currently renting with plenty more space. Salon is Well established for over 20 Years consistent in business. Unit #2 Commercial office space or retail store front. Unit #3 & 4 Residential apartments upstairs. Owner constructed units new in 2015, lived in & worked salon for many years. Building has been very well maintained and business is Turn-Key ready for you to occupy, manage or just collect the revenue! All residential & Commercial units occupied under month-to-month contracts. Great Investment Opportunity, Act Fast! Virtual Tour on file of all unitsBUSINESS OPPORTUNITY!! Income Generating Now! Commercial Zoned and Multi-Family Zoned. Building has 4 Units Generating Income Currently. Salon Business "It's All About You" for sale with DBA, All Equipment & Clientele. Cosmetologist is currently renting a chair with plenty more to rent or occupy. Salon is Well established for over 20 Years consistent in business. Unit #2 Commercial office space or retail store front next door and 2 residential apartments upstairs. Owner lived in Units upstairs while working salon for many years. Building has been very well maintained and business is Turn-Key ready for you to occupy, manage or just collect the revenue! 2 Residential apartment units upstairs are currently occupied under month-to-month contracts. Tenants will sign lease if new owner agrees. This is a no brainer business opportunity that is already generating income with so much room to grow and expand. Great Location in Downtown Ithaca and across from the Hearthstone Oven! Virtual Tour on File- MUST SEE!!! Opportunities like this don't happen often, so don't let this pass you by! Many more amazing details so act fast! Legal Description Includes Deeded Parking in rear of building for tenants. 4 Separate Electric Meters for each unit. Large Forced air furnace that heats all 4 Units. Shared Laundry for tenants in Apartment Common Area. Newer Membrane roof and well-maintained building. Apartments were previously occupied by owner and family and very quality above average materials used to update apartments. beautiful kitchen cabinets and newer flooring in both residential units. Tons of storage space for all units. Too many perks to list!
Exterior Features

Construction Type BlockConcrete Driveway AsphaltPavedSee Remarks Exterior Material BlockBrickConcrete Finished Building Levels 2.00 Foundation Combination Lot Dimensions 38.4 X 80' Number Of Buildings 1.00 Road Frontage 38.40 Roofing Other Street Type Public Total Parking Spaces 3 Water Access No Waterfront No

Interior Features

Below Grade None Ceiling Height 10 Freight Elevators 0 Heat Source ElectricNatural Gas Heat Type BaseboardForced Air Rentable Office Sq Ft 760.00 Rentable Other Sq Ft 2000.00 Rentable Retail Sq Ft 1280.00 Tot Bldg Office Sq Ft 760.00 Tot Bldg Other Sq Ft 2000.00 Tot Bldg Retail Sq Ft 1280.00 Tot Bldg Sq Ft Gross 5000.00

Property Features

Annual Property Tax 1819.82 Annual Utilities 3948.00 Association Montcalm Association Of Realtors Auction Or For Sale For Sale Business Includes EquipmentFurnitureLicensesOtherReal Estate Business Name ''It's All About You'' Commercial Type Business Opportunity Current Use SalonMulti-Family ResidentialCommercial Office Documents Other Documents Req Conf Agreement FinancialsLeasesOtherRent Roll Homestead Percentage 31.00 Mineral Rights Unknown New Construction No Ownership Proprietorship Possession Close Of Escrow Power Phase No Property Insurance 1511.04 Real Estate Value 249900.00 Sale Conditions None Sewer Public Tax Year 2020 Tenant Pays ElectricGas Terms Available CashConventionalOther Unit1 Tenant Pays ElectricTenant Pays GasTenant Pays OtherTenant Pays SewerTenant Pays TrashTenant Pays Water Unit2 Tenant Pays Electric Unit3 Tenant Pays ElectricTenant Pays Gas Unit4 Tenant Pays ElectricTenant Pays Gas Uses OtherProfessional ServiceProfessional/OfficeRetail Util Avl At Street Storm Sewer Utilities Attached CableElectricNatural GasTelephone Water Public Zoning ComMulti-Fam

Listing provided courtesy of Stacey Marecek of 7 Stars Agency. © 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2022-01-17T22:59:49.447.
 
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