ROOMS INCLUDE A RECEPTION ROOM (12X10); LARGE FOYER (17X6); OFFICE 21X15 WITH FIREPLACE); COPY ROOM (15X9); OFFICE (12X10); OFFICE (12X8); KITCHEN (12X5); STORAGE ROOM (15X10) ALL ON FIRST FLOOR; UPSTAIRS ARE THREE OFFICES OR CONFERENCE ROOMS (17X15, 19X12, AND 10X10). GREAT LOCATION, CLOSE TO OHIO AND EXPRESSWAYS TO ANN ARBOR AND DETROIT. PROPERTY HAS BEEN COMPLETELY UPDATED IN AND OUT. ALTA SURVEY COMPLETED IN 2020. PROPERTY CAN ONLY BE SHOWN ON FRIDAYS, SATURDAYS OR SUNDAYS WITH 24 HOUR NOTICE.
Welcome to this exceptional investment property located in a prime area that promises steady rental income and long-term potential. With a tenant-occupied upstairs unit and a thriving restaurant leasing the lower unit with a remaining lease of 3 years, this property is a smart addition to your portfolio. The upstairs unit is a 2 bedroom, currently occupied by a reliable tenant, ensuring immediate rental income for the new owner. The downstairs unit is a beloved and established restaurant. With a lease in place for the next 3 years, you can enjoy consistent rental income. Don't miss your chance to acquire a well-established investment property with income already in place!
The median home value in Temperance, MI is $280,000. This is higher than the county median home value of $209,200. The national median home value is $338,100. The average price of homes sold in Temperance, MI is $280,000. Approximately 76.65% of Temperance homes are owned, compared to 19.79% rented, while 3.56% are vacant. Temperance 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 Temperance real estate agent to arrange a tour today!
Temperance, Michigan has a population of 8,866. Temperance is less family-centric than the surrounding county with 24.91% of the households containing married families with children. The county average for households married with children is 27.13%.
The median household income in Temperance, Michigan is $69,300. The median household income for the surrounding county is $68,006 compared to the national median of $69,021. The median age of people living in Temperance is 50.5 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 34.4 inches per year, with 35.7 inches of snow per year.