Morrice MI Commercial for Sale
$149,900
318 Main Morrice, MI 48857
- Type:
- Industrial
- Sq.Ft.:
- 3,745
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1999
- Baths:
- MLS#:
- 60346954
ADDITIONAL INFORMATION
(2) Long term leases in place currently for ground level units with gross income of $ 21,600 per year and tenants pay utilities. Great potential with space for 2-3 apartments that could be established on the upper level for additional income, access is located off Main Street, between the 2 units. Property included 2 tax id�s. Call listing agent for showing instructions and restrictions. Unit 1 is a large commercial space with over 2000 square feet on the main level and approx. 900 square feet on the upper level. This unit has forced air heat and central air conditioning. Access to alley, kitchenette area and 2 half baths. Unit 2 is currently rented to the post office with a 15 year lease, has a half bath, hot water heat and a wall air conditioner unit. There is a portable dock at this unit that is owned by the tenants. ALL personal property on both units are owned by tenants. This sale is for the building/real estate only. There is city sewer and (1) private well that services both units currently. The well will need to be upgraded to service future units/apartments when added.
- Type:
- Industrial
- Sq.Ft.:
- 500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Baths:
- MLS#:
- 70423852
ADDITIONAL INFORMATION
~~Investment/Business Opportunity~~ Downtown Morrice. Facility has previously been utilized as a pizza shop & restaurant. Recently updated with new roof, hot water heater, Carrier mini splits for heating and cooling, lean-to added to rear of building and a new hood fan motor. The water is a shared well with the hardware store next door and the cost is $25.00 per month.
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Morrice Real Estate
The median home value in Morrice, MI is $242,000. This is higher than the county median home value of $157,400. The national median home value is $338,100. The average price of homes sold in Morrice, MI is $242,000. Approximately 78.72% of Morrice homes are owned, compared to 12.94% rented, while 8.33% are vacant. Morrice 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 Morrice real estate agent to arrange a tour today!
Morrice, Michigan has a population of 1,521. Morrice is more family-centric than the surrounding county with 43.09% of the households containing married families with children. The county average for households married with children is 26.23%.
The median household income in Morrice, Michigan is $56,406. The median household income for the surrounding county is $58,004 compared to the national median of $69,021. The median age of people living in Morrice is 37.1 years.
Morrice Weather
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 14.4 degrees. The average rainfall is approximately 32.8 inches per year, with 39.3 inches of snow per year.