$353,000
$350,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
8,547 SqFt
SOLD DATE : 08/29/2024
Key Details
Sold Price $353,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 8,547 sqft
Price per Sqft $41
Subdivision Original Of Village Of Brooklyn
MLS Listing ID 56050147404
Sold Date 08/29/24
Originating Board Lenawee County Association of REALTORS®
Year Built 1900
Annual Tax Amount $5,497
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 52.67x155
Property Description
Charming Mixed-Use Property in Historic Downtown Brooklyn Welcome to 101 N Main Street, a beautifully maintained mixed-use building offering an incredible investment opportunity in the heart of historic Brooklyn, Michigan. This property boasts a rich history and a prime location on Main Street. Main Level: Currently home to the renowned Weatherwax Drug Store and a well-established barbershop, both with long-term tenants under lease agreements. The main level provides a steady income stream with thriving businesses that are deeply rooted in the community. Electrical service has been upgraded to meet current standards. The barbershop benefits from a recent furnace and AC replacement, ensuring a comfortable environment for clients. Upstairs: Three spacious apartments on the upper level have been meticulously upgraded to offer modern comfort and style. Recent upgrades include a new roof installed in the spring of 2023, new windows, fresh paint, and updated floor coverings in all apartments, ensuring a turnkey experience for tenants. Separate furnace for each unit Investment Opportunity: This property offers a fantastic opportunity for investors looking for a stable income stream with long-term tenants in place on the main level. The upper-level apartments provide additional income potential or an ideal living space for an owner-occupant. Location: Situated in the charming downtown area of Brooklyn, you're just steps away from local shops, restaurants, and community events. The property's historical charm and recent upgrades make it an attractive option for both tenants and investors alike. Don't miss your chance to own a piece of Brooklyn's history while enjoying the benefits of a well-maintained income property. Schedule your showing today and explore the possibilities at 101 N Main Street!
Location
State MI
County Jackson
Area Brooklyn Vlg
Zoning Multiple
Interior
Hot Water Natural Gas
Heating Forced Air, Central Air
Heat Source Natural Gas
Exterior
Utilities Available Smoke Alarm
Waterfront no
Roof Type Rubber
Road Frontage Class A
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Columbia
Others
Tax ID 000201930100201
Ownership Other Ownership/See Remarks,Short Sale - No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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