For sale

10300 W Howard City-Edmore
Lakeview, MI 48850

$475,000

Bathrooms
3
Finished sq ft
6,068
Lot
2.56 acres
Year built
1975
Property type
Office
County
Montcalm
MLS #
26037049
Days on market
129

About this home

In today's economy choose the wise investment of land - supply and demand- it is the one thing no one can make more of! With an annual Net operating income of nearly $30k and a guaranteed ROI over 6% for the next 5 years- this property leased until 12/31/31, by the State of Michigan, with expanding opportunities as urban sprawl continues and the village of Lakeview (less than 2 miles away) begins to outgrow its borders. Zoned R-R with commercial approval who is to say how high the generated income on this property could go? Take consideration and do not let these dollars pass you by. Square Footage: 6,068 sq ft Valuation calculated by historical purchase price x inflation and investment alongside the current SEV and current lease rents totaling $203,884.80