310 N Michigan Avenue, Big Rapids, MI 49307
None · Mecosta County
Key Facts
Description
**** Update: Owner Financing Available - 20% Down, 8% Int, 20 yr Amortization with 5 year balloon *** A 10,500 SF retail building located on North Michigan Avenue in the heart of Big Rapids, Michigan. This property presents an excellent opportunity for both owner/users and investors to acquire a spacious retail space with a 50-space parking lot in Downtown Big Rapids. The building has a rich history, having previously served as a Sears & Roebuck and a grocery store. It has been meticulously maintained, featuring a recently installed new roof. Additionally, the previous tenant upgraded the HVAC system, plumbing and electrical services. The building offers a mostly completed redesigned and built-out main street entrance, featuring ADA compliant restroom, a welcoming reception area, conference space, and multiple office & storage areas. The spacious central portion of the building includes two locker rooms with showers, ideal for employee or customer use. A separate back area of the building provides the flexibility to accommodate another business or tenant. Additionally, this property comes with a second designated lot, paved for parking and offers convenient alley access for easy ingress and egress. Current owner has freshly power washed & painted the exterior recently. Immediate possession available after closing. There is an existing gym currently operating in the back 2,000 sf of the building (this area has an additional customer restroom specific to this business). Gym equipment is being sold separately.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1955
Living Area
10,500 sq ft
Lot Size
0.61 acres
Lot Dimensions
175'x150'
Parking Spaces
50
Days on Market
677
MLS® Listing#
1924552
Property Features
Cooling
Heating
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
Yes
Assessed Value
$122,890
Parcel Number
17-11-353-011 & 012
Directions
Downtown Big Rapids on Michigan north of Pine Street, south of Hemlock on the east side of the street
Affordability Calculator
$89,980
Estimated monthly payment
$2,395/mo
Principal $359,920 · Est. interest $502,120 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Big Rapids, MI
- $344,098
- Median Listing Price
- 40
- Median Days on Market
- 1,669
- Median Sq Ft
- $205
- Median Price / Sq Ft
- 1,095
- Active Listings
- This home’s price is 31% above the area median.
- Its price per sq ft is 79% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Big Rapids, MI.
Location
Getting Around
Points of Interest in Big Rapids, MI
Showing the Big Rapids area map.
Nearby Schools
Big Rapids Middle School
Secondary · 0.1 mi away
Mecosta Osceola Isd
School · 0.1 mi away
Crossroads Charter Academy
School · 0.3 mi away
Eastwood Early Childhood Center
School · 0.4 mi away
Easton School
School · 0.4 mi away
Brookside Elementary School
Elementary · 0.6 mi away
St Mary Catholic School
School · 0.6 mi away
Granger Center
School · 0.7 mi away
Riverview Elementary School
Elementary · 0.8 mi away
Moisd Transition Room
School · 1.1 mi away
Mecosta-Osceola Intermediate School District
Secondary · 1.1 mi away
Mecosta-Osceola Intermediate School District
School · 1.2 mi away
Mecosta Osceola Intermediate
School · 1.2 mi away
Big Rapids Virtual School
School · 1.7 mi away
Big Rapids Public Schools
School · 1.8 mi away
Big Rapids High School
Secondary · 1.8 mi away
Big Jackson Public School
Elementary · 11.2 mi away
Reed City Middle School
Secondary · 11.5 mi away
Morley Stanwood Elementary School
Elementary · 11.5 mi away
Reed City High School
Secondary · 11.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
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|---|---|---|---|---|
| 2941 Coit Avenue NE, Grand Rapids, MI | $314,999 | 3 | 2 | 1,176 |
| 2941 Coit Avenue NE, Grand Rapids City, MI | $314,999 | 3 | 2 | 1,176 |
| 827 Geneva Avenue SE, Grand Rapids, MI | $315,000 | — | — | — |
| 505 Storrs Street SE, Grand Rapids City, MI | $315,000 | 3 | 2 | 1,400 |
| 721 Parkway Drive NE, Grand Rapids City, MI | $315,000 | 2 | 2 | 1,720 |
| 505 Storrs Street SE, Grand Rapids, MI | $315,000 | 3 | 2 | 1,400 |
Moving Cost Estimate
EXIT Agents in Big Rapids
Listing Courtesy: Coldwell Banker Schmidt-Cadillac