10300 Howard City Edmore Rd, Lakeview, MI 48850

10300 Howard City Edmore Rd, Lakeview, MI 48850

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Commercial property for sale

• Description
• Investors: Here is your opportunity to own a State-leased building with three years left on a renewable ten-year lease. We have priced this building based on the annual rent of $25,788.96 yielding nearly a 10% cap rate and the SEV of $112,100. This State Police post in Lakeview has been selected as one the few remaining permanently manned posts. The post was built in 1975 and has been maintained to State standards. It appears to be in excellent condition and the roof was replaced in 1999. An underground storage tank(UST) was removed with proper documentation. We have a motivated seller who needs to move thru this property quickly. Buyer must be approved by tenant for lease. Please call for a showing at your earliest convenience. Building price details: $250,000.
• Exterior Features

• Parking Type:

  Surface

• Map Locations
• Contact info
• Kurt Lowdermilk

  231-349-9038 [Mobile]

  RE/MAX CONNECTION
• Note

• Details Info about this row that located on 10300 Howard City Edmore Rd, Lakeview, MI 48850 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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