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- LoopNet Team
805 W Chisholm St
Alpena, MI 49707
805 PLACE · Office Property For Sale
Investment Highlights
- 66' Frontage on US 23 N. Business Corridor as well as 60' side street frontage with 132' Alley access.
- Six 100% rented second floor loft style apartments that gross $60,000 annually. Four units subject to MSHDA controled rent until September 1, 2021.
- Front storefront street entry and rear parking lot entry
- Historic Building - 100% Absestos and Lead Abatement completed, enviornmental survey completed, State of Michigan inspected elevator.
- Dedicated on-street parking as well as dedicated parking lot
- First floor space estimated gross income of $65,000
PROPERTY FACTS
- Office/Residential
- Light Industrial Showroom
- Showroom
- Light Industrial Light Distribution
Amenities
- 24 Hour Access
- Controlled Access
- Signage
- Roof Lights
- Storage Space
- Car Charging Station
- Bicycle Storage
- Central Heating
- High Ceilings
- Natural Light
- Secure Storage
- Wi-Fi
- Air Conditioning
About 805 W Chisholm St , Alpena, MI 49707
Recently developed historical building with restored interior and six loft style apartments on the second level with both secure stair and elevator access. The first floor space has recently been renovated to include three private restrooms, two mechanical rooms, coffee bar area, glass enclosed conference room, and open space suitable for conversion to office space, retail, showroom or utilized as is. The exterior of the building has been 100% renovated including roofing, siding, underground utilities, mechanical, electrical, and plumbing in 2017. The only original element in the building is the structure. There are two suite areas on the first floor. Suite A is currently being renovated for occupancy as a dental office under a 5 year lease. Suite B is occupied by an Edward Jones Investment office also under a 5 year lease. 805 Place is located on a main street business corridor with both street and onsite parking for 21 vehicles including six spaces for second floor residents. The property is located halfway between downtown Alpena to the Southeast and the Mid Michigan Medical Center, Alpena Community College and industry located to the Northwest.
PROPERTY TAXES
Parcel Number | 093-637-000-544-00 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £296,884 |
PROPERTY TAXES
Listing ID: 14885538
Date on Market: 16/01/2019
Last Updated:
Address: 805 W Chisholm St, Alpena, MI 49707