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201 Ionia St
Grayling, MI 49738
 Retail Property For Sale

Retail Buildings Michigan Grayling 201 Ionia St, Grayling, MI 49738

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INVESTMENT HIGHLIGHTS

  • Spacious 6,657 SF building
  • Prime location in Grayling area
  • Ideal for retail/strip center investment
  • High visibility for increased foot traffic

EXECUTIVE SUMMARY

Price PSF: $100
Ave Rent PSF: $10.50

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,557 SF
Building Class
C
Year Built
1990
Price
$600,000
Price Per SF
$91.51
Percent Leased
26%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.44 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Com
Parking
23 Spaces (3.5 Spaces per 1,000 SF Leased)

PROPERTY TAXES

Parcel Number 070-100-016-011-00 Improvements Assessment $125,400
Land Assessment $24,600 Total Assessment $150,000

PROPERTY TAXES

Parcel Number
070-100-016-011-00
Land Assessment
$24,600
Improvements Assessment
$125,400
Total Assessment
$150,000
 

  • Listing ID: 32473519

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 201 Ionia St, Grayling, MI 49738

More public record information on 201 Ionia St, Grayling, MI 49738

The Retail Property at 201 Ionia St, Grayling, MI 49738 is currently available for Sale. Contact Legacy Commercial Property for more information.

NEARBY LISTINGS

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201 Ionia St, Grayling, MI for sale Building Photo- Image 6 of 7
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