Located in the heart of vibrant downtown Grayling, the Michigan Brew Building offers an exceptional investment opportunity that combines both commercial and residential spaces. Completely remodeled in 2020, this property features a modern design with state-of-the-art finishes throughout, making it a standout in the area. The upper level includes two well-appointed studio apartments, each with a lease in place, generating a consistent rental income of $2,450 per month. These apartments provide a reliable revenue stream and are perfect for long-term tenants seeking the convenience of downtown living. The building also includes a spacious basement with ample storage space and a walk-in cooler, which adds versatility for potential business operations or future expansion.
General Information
Price: $499,900
Price/SqFt: $139
Status:
MLS#: 201837849
City: grayling
Post Office:
Schools: crawford ausable
County: Crawford
Acres: 0
Lot Dim: 34.5 X 120
Size: 3,590 sq.ft.
Year Built: 0
Property Type: Commercial/Vacant
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Listing Courtesy of: Michelle E Millikin of Homewaters, L.L.C. Grayling
