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352 S Cedar St

7,500 SF Retail Building Kalkaska, MI 49646 £157,721 (£21/SF)

Investment Highlights

  • Exceptional investment opportunity in a burgeoning area with diverse development possibilities.
  • A large municipal parking lot behind the building provides ample free parking for customers and guests.

Executive Summary

Large warehouse in prime location brimming with potential, imagined by current owner as an event space, you’ll find partially built-out spaces for bathrooms and a kitchen, providing a solid foundation for a variety of uses the possibilities for this versatile property. An overhead garage entry in the rear provides for seamless access and loading. A large municipal parking lot behind the building provides ample free parking for customers and guests **This warehouse is also part of a portfolio of three Village properties, which includes a multi-family/office building at 330 S. Cedar (MLS 1925399) and vacant land at 310/312 Pine St (MLS 1925407), located just blocks away. Priced at $725,000 for the entire portfolio, this offering represents an exceptional investment opportunity in a burgeoning area with diverse development possibilities. Don’t miss out on securing this prime piece of real estate with multiple income streams.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
7,500 SF
Building Class
C
Year Built
1912
Price
£157,721
Price Per SF
£21
Tenancy
Single
Number of Floors
1
Building FAR
0.91
Land Acres
0.19 AC
Zoning
commercial - Commercial Zoned District
Parking
20 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
200 ft on S Cedar St

Amenities

  • Bus Route
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
041-727-033-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£60,278
  • Listing ID: 33136664

  • Date on Market: 11/09/2024

  • Last Updated:

  • Address: 352 S Cedar St, Kalkaska, MI 49646

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