Chassell MI Commercial for Sale

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Type:
Business Opportunities
Sq.Ft.:
8,184
Status:
Active
Beds:
n/a
Lot size:
1.03 Acres
Baths:
MLS#:
50156035

ADDITIONAL INFORMATION

LOCATION, LOCATION, LOCATION - in the heart of the quaint village of Chassell and 7.6 miles to Houghton. The Chippewa Apartments consists of 10 apartments and a coin operated laundry room and office and backs to the park and walking trail. Enjoy the view of Pike Bay & Portage Lake. The Chippewa was converted from a motel to apartments in 2010 & 2011. Two units are studio type, 5 apartments have 1 bedroom, and 3 apartments consists of 2 bedrooms. One unit is handicapped accessible and 6 of the units have wall A/C units while the others have a sleeve in which to install a A/C unit. Most units have a view of the Bay, walking trail and park. The initial renovation includes flooring, energy star appliances (gas stoves) insulation, drywall, individual shut-off values, room sprinkler system, windows, doors, toilets, bathroom fixtures, blinds and roof replacement as well as soffits, facia, energy efficient computerized boiler/hot water tank system. There is access to the crawl space. The apartments were available to start renting in 2011. There is an incredible amount of parking space in the front and back of the building. POTENTIAL BUYERS MUST BE PREQUALIFIED FOR A MORTGAGE OR SHOW PROOF OF FUNDS IF PAYING CASH WITH PROOF PROVIDED TO LISTING AGENT BEFORE SHOWING WILL BE SCHEDULED. FINANCIAL INFORMATION CAN BE PROVIDED UPON RECEIPT OF A SIGNED CONFIDENTIALIY STATEMENT BY POTENTIAL PURCHASER. All information must be verified by the buyer and their buyer's agent. A minimum of 48-hour notice to view a few of the units. The agent representing the Seller must accompany all showings. Arrangements will be made to view all units during the purchaser's due diligence period. TENANTS RIGHTS APPLY. NOTICE: All information believed accurate but not warranted. Buyer is recommended to inspect & verify all aspects of the property & bears all risks for any inaccuracies including but not limited to estimated acreage, lot size, square footage, utilities (availability & costs associated). Real estate taxes are subject to change (possibly significant), property will be reassessed by the municipality after sale is completed & buyer should NOT assume that buyerâ??s tax bills will be similar to the sellerâ??s current tax bills. Taxes are not zero. Sellers may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Chassell Real Estate

The median home value in Chassell, MI is $300,000. This is higher than the county median home value of $126,400. The national median home value is $338,100. The average price of homes sold in Chassell, MI is $300,000. Approximately 48.61% of Chassell homes are owned, compared to 19.48% rented, while 31.91% are vacant. Chassell real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chassell real estate agent to arrange a tour today!

Chassell, Michigan has a population of 857. Chassell is less family-centric than the surrounding county with 26.04% of the households containing married families with children. The county average for households married with children is 30.83%.

The median household income in Chassell, Michigan is $51,827. The median household income for the surrounding county is $48,623 compared to the national median of $69,021. The median age of people living in Chassell is 38.1 years.

Chassell Weather

The average high temperature in July is 75.7 degrees, with an average low temperature in January of 6.9 degrees. The average rainfall is approximately 31.9 inches per year, with 200.3 inches of snow per year.

Chassell Real Estate Market Conditions

  • Median sales price

    $300,000
    18.2% change since last quarter
  • # Active listings

    11
    30-day change

Chassell Schools and Demographics

Education near Chassell, MI

Metric City County
High School Graduates 98.96 92.92
College Degree - 2 year 7.83 8.87
College Degree - 4 year 37.57 33.58
Graduate Degree 9.57 10.23
Expenditures per Student 13,180 13,180
Students per Teacher 16 16

Elementary Schools near Chassell, MI

School Grades Students P/T Ratio ZIP
E.B. Holman Elementary School KG - 08 158 17.6 49905
South Range Elementary School KG - 06 242 21 49963
T.R. Davis Elementary School KG - 06 177 22.7 49922

High Schools near Chassell, MI

School Grades Students P/T Ratio ZIP
Dollar Bay High School 07 - 12 160 18.8 49922

Ungraded Schools near Chassell, MI

School Grades Students P/T Ratio ZIP
* Jeffers High School 07 - 12 210 17.5 49955
Chassell K-12 School KG - 12 260 16.4 49916

Demographics near Chassell, MI

Metric City County
Neighborhood Type Small town
Population 857 37,485
Population Density 349 37
Median Age 38.1 32.8
People per Household 2.3 2.5
Median Household Income 51,827 48,623
Average Income per Capita 32,762 27,087