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108 E Center St
Ithaca, MI 48847
The Village Shoppes · Retail Property For Sale
Investment Highlights
- Heavy Foot Traffic
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,895 SF
Building Class
C
Year Built
1987
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
1.08
Lot Size
0.38 AC
Zoning
Commercial
Frontage
100’ on E Center St
Amenities
- Air Conditioning
About 108 E CENTER ST , ITHACA, MI 48847
Commercial multi-tenant building located in downtown Ithaca. This building is a main hub of commercial activity in Ithaca. Listed at a 9.25%+ Cap Rate based on previous 3 years financials. New tenant added in November 2019 that pushes the Cap Rate over 10%. Great well maintained building with long history of positive cash f
Property Taxes
| Parcel Number | 52-010-138-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $129,700 |
Property Taxes
Parcel Number
52-010-138-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$129,700
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