9938 Honor Hwy
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9938 Honor Hwy
6,000 SF 100% Leased Retail Building Honor, MI 49640 $779,608 CAD ($130 CAD/SF)
Investment Highlights
- Entire building is well lighted and in excellent condition.
- Baths in all units. Irrigated lawn.
Executive Summary
6000 sq ft retail, service and office building on US 31 between Beulah and Honor. Three tenants occupy: Owner currently occupies 1200 sq ft; tenant 2 occupies 1200 sq ft; tenant 3 occupies 3600 sq ft. currently tenants 2 and 3 yearly rent is $28,500. Additional property is available for parking or expansion Separate A/C, heat, electric for each unit.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,000 SF
Building Class
B
Year Built
1991
Price
$779,608 CAD
Price Per SF
$130 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Land Acres
1.22 AC
Zoning
Commercial - Commercial Zoned District
Parking
20 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
200 ft on Honor Hwy
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
-
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