408 Mill Street Munising, MI $ 499,900
408 Mill Street
$ 499,900
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408 Mill Street

Munising, MI, 49862
$ 499,900
Baths0.0 Sq 4,763

Monthly Estimate*

$ 3,492

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Studio

Commercial Property for sale in Munising, MI

for $499,900. This 4,763 square foot building was built in 1983 on a lot size of 0.23.

Discover a unique business opportunity with this meticulously remodeled commercial property in Munising. The main building underwent a total transformation, complemented by a brand-new 2600 square foot addition in 2021, bringing the total space to just over 4,700 square feet. Situated in an excellent location, the property boasts visibility from M-28, making it a prime spot for attracting customers and clients. The zoning allows for versatile use, including retail, restaurants, hotel/motel/hostel, or the option to have a business on the main floor and apartments on the upper floor- please verify your intended use with zoning. Whether you envision a trendy retail space, a thriving restaurant, or a combination of commercial and residential use, this building offers endless possibilities. Seize the opportunity to bring your business dreams to life in the heart of Munising.

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Commercial Active

Price

$ 499,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,439

Style

Commercial/Industrial

Lot Size

0.23

Year Built

1983

Town/City

Munising

County/Region

Alger

MLS | Web ID

50132216

Features
General
Heating Electric Heat Forced Air Wall Heat
Cooling Other
Roof Shingles
Exterior Features Fence Owned
Zoning Commercial Commercial
Water Public Water
Status Active Active
Year Built 1983
Parking Off Street On Site Parking Lot
Water Heater Gas
County Alger
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership LLC
Municipality Munising
Subdivision MI
Commercial Features 3 Phase Power Concrete Floor Internet Available Dock Door Fixtures Meeting Rooms Network Wiring Installed No Elevator Off Street Loading Reception Area Restroom(s) Security Syetem Owned
Area Munising (02012)
Primary City Munising
Directions From Marquette take M-28 to Munising. Follow the roundabout staying on M-28 just after the roundabout turn left onto Mill St. Property is on the right.
City Munising
Street Name Mill
Financial Terms Cash Commercial Loan
Legal Description K&C PLAT PT OF LOTS 1 & 2 DESC AS COM AT NW COR OF LOT 1 OF SAID PLAT;TH S61DEG15'00E ALG S R/W LN OF MILL STREET 61.75' TO POB-TH S61DEG15'00E 138.24' TO NE COR OF LOT 2 OF SAID PLAT;TH S24DEG00'55 W
DOM 128
Postal Code 49862
Price Per Sq Ft 104.95
Coming Soon Discover a unique business opportunity with this meticulously remodeled commercial property in Munising. The main building underwent a total transformation
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Exterior
Exterior Steel Vinyl Siding
Frontage 138
Lot Size Area 0.23
Lot Dimensions 138x73
Water Features None
Roads City/County Paved Street Year Round
Waterfront Y/N No
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Interior
Ceiling Height 16-20 Feet
Fuel Type Natural Gas
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* Excluded Features
List By
STEVE PELTO

Listing Agent

Look Realty

Broker

stevelookrealty@hotmail.com

Email

Affordability Calculator

$4,029
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,492
Monthly Property Taxes
$537
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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2024$499,900 -15.98% Price Down
1/26/2024$595,000 Listed Price

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408 Mill Street, Munising, MI, 49862 is a Commercial Property for sale at $499,900 with 4,763 sqft and a lot size of 0.23. 408 Mill Street is a studio with 0.0 baths and was built in 1983. The property's zip code is 49862 which is in Munising, MI