Historic Mixed-Use Building with Penthouses and Rental Units in Saint Joseph County, MI
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Financial Details
- Asking Price:
- $480,000
- Cash Flow / SDE:
- $4,800
- Valuation Multiple:
- 100.0x
- Location:
- Saint Joseph County, MI, US
- Source:
- Date:
- May 26, 2025
Key Highlights
- Mixed-use property with penthouses, apartments, and commercial spaces.
- High occupancy rates and expansion potential in the basement.
- Seller financing available with 50% down.
Description
This is a mixed-use property featuring two penthouses, four 2-bedroom apartments, and four commercial rental spaces. The property has a history of high occupancy rates and potential for expansion, particularly in the basement area. Seller financing may be available with a minimum of 50% down. The owner is selling due to retirement.
Industry Information
- Industry Description:
- Retail
- Classification:
- Retail
Listing Details
- Listing ID:
- 26351dfa-2e7f-4b66-8210-dd8d0d0b9a16
- Deal Status:
- For Sale
- Date Posted:
- May 26, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
Features & Tags
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