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119 E Columbia AVE Battle Creek, MI 49015
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Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,750 sqft
Price per Sqft $73
MLS Listing ID 71022029529
Sold Date 11/11/22
Year Built 1968
Lot Size 0.550 Acres
Acres 0.55
Property Description
PASSIVE INCOME Amazing opportunity to earn 12%+ return. This 22 unit building is leased to individual beauticians, massage therapists, and similar industries. There is a manager in place who is willing to stay on. If the new owner wants to replace the manager, cash flow would increase by another 8,000 per year! It says the whole building is 4,750 sq feet.The average seller's discretionary cash flow has averaged $50,000 per year completely passive incomeSeller will provide financing.
Location
State MI
County Calhoun
Area Area96061Battlecreek
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Utilities Available CableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Lakeview Calhoun
School District Lakeviewcalhoun
Others
Ownership LLC
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
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Bought with Assist 2 Sell Buyers & Sellers
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