9655 Maplewood Avenue $330,000

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    9655 Maplewood Avenue Bridgman, MI 49106

    • 2,536 sq. ft.
    • 0.27 Acres
    • Commercial-Industrial
    • MLS# 21004880
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    Views: 76 Days On Site: 162

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    Property Details

    Great Investment opportunity by owning a United States Postal System Building! Concrete block and brick construction gives you a lower insurance bill as well as reduced maintenance costs. USPS pays for all monthly utilities, lawn care, and snow removal; making this an extremely low owner involvement rental opportunity. Another Five year lease extension with rent increase starts in July of 2021 along with rent increase negotiations for the 5 year extension for 2026-3031.Don't Miss your opportunity to take ownership of the most steady income producer on the market with a CAP rate pf 6+%This building has a covered loading dock as well as new asphalt for the delivery area (2019). Additionally, a new Roof and Air Conditioner in 2017.

    • General Features
      • Area Southwestern Michigan - S
      • Property Sub Type Retail/Commercial
      • Business Includes Real Estate
      • Tenant Pays All Common Area Maintena, Electric, Gas, Janitorial, Prop Taxes/Assess, Sewer, Trash, Water
      • SubArea 01
      • Uses Distribution
      • Municipality Bridgman City
      • New Construction No
      • Ownership LLC
      • Construction Type Block
      • County Berrien
      • Year Built 1962
      • Annual Property Tax 2490.68
      • Tax Year 2020
    • Building Features
      • Additional Features Fire Sprinkler
      • Air Conditioning Central
      • Additional Details: Total Parking Spaces 7
      • Total SqFt 2536.00
      • Total Bldg Retail Sq 2536.00
      • Total Number Bldgs 1.00
      • Below Grade None
      • Heat Source Electric, Natural Gas
      • Heat Type Forced Air
      • Number Fin Bldg Levels 1.00
      • Roofing Rubber
      • Current Bldg Use US Postal System
    • Property Features
      • Waterfront Y/N No
      • Water Access Y/N No
      • Water Public
      • Utilities Attached Cable, Electric, Natural Gas, Telephone
      • Street Type Public
      • Util Avail at St Broadband,Cable,Electric,Natural Gas,Public Sewer,Public Water,Storm Sewer,Telephone
      • Road Frontage 89.00
      • Sewer Public
      • Mineral Rights Yes
      • Lot Square Footage 11761.00
      • Lot Measurement Square feet
      • Lot Dimensions 89 x 132.25
      • Lot Acres 0.27
    • Schools
      • School District Bridgman

    Contact

    Valerie  Bomberger

    Valerie Bomberger

    Real Estate Professional

    RE/MAX Harbor Country

    Mobile Phone: 269-208-4750

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Market Last 30 Days In This Postal Code

    Market information available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $330,000
    3/26/2021 11:35:55 AM Price Reduced Source: Multiple Listing Service New Value: $330,000 -12%
    3/17/2021 8:35:48 AM Price Reduced Source: Multiple Listing Service New Value: $375,000 -6.23%
    2/17/2021 6:07:00 PM New in Database Source: Multiple Listing Service New Value: $399,900

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    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.