222 N Grand Street #222-224 Schoolcraft, MI $ 579,900
222 N Grand Street #222-224
$ 579,900
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222 N Grand Street #222-224

Schoolcraft, MI, 49087
$ 579,900
Baths5.0

Monthly Estimate*

$ 4,051

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Studio

Commercial Property for sale in Schoolcraft, MI

for $579,900 with 5 full baths. This building was built in 1900 on a lot size of 0.24.

This is downtown Schoolcraft at its finest! This building is for sale as it sits with 5 total units; 2 retail spaces on the street level and 3 residential rental units upstairs, all of which are currently rented. Currently a salon and one side and a boutique on the other, the retail space has the flexibility to become a variety of business opportunities. The three apartments upstairs vary in size and rental level, all of which are tastefully updated while maintaining character. New roof with a 10 year warranty! Mechanicals are newer and in good condition. Property offers plenty of parking for tenants. Come see this property today!

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Commercial Active

Price

$ 579,900

Bedrooms

Studio

Full Bath

5

Property Type

Commercial

Taxes

$ 3,304

Style

Business

Lot Size

0.24

Year Built

1900

Town/City

Schoolcraft

County/Region

Kalamazoo

MLS | Web ID

24003678

Features
General
Sewer Septic System
Utilities Public Water Available Natural Gas Available Electric Available Cable Available Broadband Available Natural Gas Connected Electric Connected Cable Connected
Possession Negotiable
Roof Rubber Concrete
Construction Materials Brick
Year Built 1900
Township Schoolcraft Vllg
Unit Number 222-224
Property SubType Business
Tax Year 2023
Business Type Professional Service Restaurant Bar/Tavern/Lounge Retail
County Kalamazoo
Operating Expense 10525.46
Insurance Expense 4221.0
New Construction N
Property Type Commercial Sale
Status Active
Directions US 131 into downtown Schoolcraft building are on the east side of road.
City Schoolcraft
High School District Schoolcraft
Total Units 5
MLS Area Greater Kalamazoo - K
Lot Size Square Feet 10454.0
Waterfront Y/N N
Street Name Grand
Land Lease Y/N N
Tax Annual Amount 3304.46
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2024-01-17
Days on Market 117
Standard Status Active
Tax Assessed Value 49840
Legal Description S 4-4 BULLS ADDITION TO SCHOOLCRAFT PART OF LOTS 3 -4 DES C AS FOL BEG AT PT ON W LI LOT 4 13.25 FT N OF SW COR THE REO
Senior Community None
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Interior
Total Fireplaces 1
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Full Baths 5
Street Suffix Street
Electric On Property Y/N N
Total Baths 5
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Exterior
Water Source Public
Inclusions {u'Real Estate': True}
Lot Size Area 0.24
Number of Buildings 1
Spa N
Building Area Total 4080.0
Lot Dimensions 41.5x458.5x40x250
Lot Size Acres 0.24
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 222
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* Excluded Features
List By
Berkshire Hathaway Homeservices Michigan Real Estate

Broker

joshnagy@bhhsmi.com

Email

Affordability Calculator

$4,326
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,051
Monthly Property Taxes
$275
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
250387 Elementary School
250612 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/8/2024$579,900 -3.33% Price Down
1/17/2024$599,900 Listed Price

Map


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222 N Grand Street #222-224, Schoolcraft, MI, 49087 is a Commercial Property for sale at $579,900 with a lot size of 0.24. 222 N Grand Street #222-224 is a studio with 5.0 baths and was built in 1900. The property's zip code is 49087 which is in Schoolcraft, MI