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(989) 385-1311
Bay Realty Michigan
1970 N Evergreen Drive, White Cloud, MI 49349-8596
- $1,100,000
- 7,000
- SqFt
- List Price
- $1,100,000
- Status
- ACTIVE
- MLS#
- 70542595
- Days on Market
- 138
- Year Built
- 1962
- Acres
- 2.37
- Living Area
- 7,000
- Municipality
- White Cloud
- Region
- White Cloud
- Township
- White Cloud
Property Description
Dual-Property Investment Opportunity on M-37. 1970 & 1944 N Evergreen.Two high-yield properties sold together on M-37, offering immediate cash flow and major commercial upside. Totaling ~7,200 sq ft apx of structures, this package prices out at a highly competitive $153sq ft.Property 1: The White House (.5 Acres)2,500 sq ft apx. covered area residential home fully updated in the last 6 months. Features a 6' fenced yard and prime M-37 frontage.Fully rented, generating $1,500/mo.Property 2: Mixed-Use Hub (1.75 Acres)High-visibility corner lot at M-37 & Monroe with room for a business sign.4,700 sq ft across 2 business spaces & 2 apartments (brand-new interiors; 1 unit finishing up). Current income $1,700/mo with a verified potential of $4,000/mo.Zoning & Potential: Zoned residential with a commercial overlay. Already township-approved for immediate operations, Wilcox Township ordinance allows for 30-40 different business types. Turnkey, cash-flowing, and ready for your vision.
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Additional Information
- Lot Dimensions
- 400 x 257.57
- Heating
- Forced Air, Space Heater
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Listing Courtesy of Greenridge Town & Country Real, Office Phone: 231-519-1435
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.