115 S Pine River Street Ithaca, MI ^$ 326,000

115 S Pine River Street

^$ 326,000

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115 S Pine River Street

Ithaca, MI, 48847

^$ 326,000

Studio Baths0.0 Sq 4,818

Monthly Estimate*

^$ 2,167

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Studio

Commercial Property for sale in Ithaca, MI

for $326,000. This 4,818 square foot building was built in 1950 on a lot size of 0.07.

If you're looking for a Work/Live opportunity with additional income to pay your mortgage, this is your investment. With an operating full service salon with 2 chairs, 2 nail tech stations and pedicure station in back, you'll have a cash flowing investment with room to expand. Sale includes the business license (DBA) for the salon along with all the equipment to continue the momentum at this location. To finish out the main level, next to the salon, is a vacant commercial unit ready to be rented. The second story includes 2-Two bedroom apartments in excellent condition with updated kitchens and onsite laundry. The owner has taken care of all the deferred maintenance questions with new roof in 2022 and updated furnace and water heaters. This is an investment that you'd be proud to own

Commercial Active

Price

^$ 326,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,181

Style

Commercial/Industrial

Lot Size

0.07

Year Built

1950

Town/City

Ithaca

County/Region

Gratiot

MLS | Web ID

70389906

Features

General

Heating Baseboard Forced Air

Possession At Close

Roof Rubber

Water Public Water Public Water at Street

Status Active Active

Year Built 1950

Parking 3-5 Spaces

County Gratiot

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Other/See Remarks

Municipality Ithaca

Subdivision MI

Commercial Features Cable Internet Installed Furniture Gas Available

Area Ithaca (29023)

Primary City Ithaca

Directions Downtown Ithaca on S Pine River St

City Ithaca

Street Name Pine River

Financial Terms Cash Conventional

Legal Description ORIGINAL PLAT COM AT NW COR OF LOT 7 TH S 38 FT 4 IN E 80 FT N 38 FT 4 IN W 80 FT TO BEG ALSO ORIGINAL PLAT S 36 F

DOM 111

Postal Code 48847

Price Per Sq Ft Total 67.66

Coming Soon If you're looking for a Work/Live opportunity with additional income to pay your mortgage this is your investment. With an operating full service salon with 2 chairs

Exterior

Exterior Block Brick Frame Wood

Frontage 35

Lot Size Area 0.07

Lot Dimensions 39 x 80

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Electric Natural Gas

* Excluded Features

List By

Roger Ackerman

Listing Agent

Keller Williams Gr North

Broker

roger.ackerman@kw.com

Affordability Calculator

$2,348

Per Month

Monthly Principal & Interest: $2,167
Monthly Property Taxes: $182
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Ithaca, MI

Average List Price ^$205,330

Percent of Sale Price 37%

About Ithaca, MI

2,965 Population

-6% Since 2002

^$36,353 Median Income

40.05 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/14/2024	$326,000		Listed Price

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115 S Pine River Street, Ithaca, MI, 48847 is a Commercial Property for sale at $326,000 with 4,818 sqft and a lot size of 0.07. 115 S Pine River Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 48847 which is in Ithaca, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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115 S Pine River Street

Commercial Property for sale in Ithaca, MI

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