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 Property Type Business/Commercial
 Parcel # 191-00196-0000
 County Marquette
 Sub Area N19
 Municipality Westfield
 MLS# 1935525
 Listing Date 05/26/2022
 Sold Price $184,500
 Close Date 08/31/2022 12:00 AM

MLS Public Remarks  Great income potential with minimal maintenace! Highly visible brick storefront with tenants in place just minutes from I-39. 6 various-sized offices/business spaces. Shared kitchenette and public restrooms. Unit 1 also has private restroom. Currently 50% rented for $1700 monthly. 3 Units still available to rent for potential of additional $1200/mo. Street parking in front, staff parking in back and space behind building next to public parking to add your own additional parking spots or extend rear entrance. Roof is 1yo (20yr warranty transferrable). Newer well. Village sewer. Do the math and see what a great investment this can be when you let tenants pay your mortgage!
Documents and Related Links  
1) Aerial
2) Misc Building Info
3) Village B-1 Zoning
* 1 Documents Not Available via MLS
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  Westfield
  • C/T/V  Village
  • Unit #  
  • Directions  I-39 To Westfield Exit. West To Downtown. Property On South Side Of Road, Blue Awnings. Across Street From Post Office.
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $12
  • Total Units/Bldg  6
  • Building Gross SqFt  4,955
  • Net Leasable SqFt  2,660
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  50x100
  • Street Frontage  50
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  8
  • Number of Loading Docks  0

  • Zoning  B-1
  • Est. Total Acres  0.26
  • Source Of Est Acres  LAgnt
  • Lot Dimensions  45x250
  • Owner  
  • Tradename  
  • ASSESSMENT & TAXES  
  • Land Assessment  $5,600
  • Assessment Year  2010
  • Net Taxes  $3,555
  • Tax Year  2021
  • Improvements  $141,500
  • Total Assessment  $147,100
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
  • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 5yr at close 0 $8,400 $12 $0 684
    2 annual at close 0 $7,800 $11 $0 720
    3 annual 0 0 $7,200 $10 $0 752
    Items Included Kitchenette fridge, microwave and coffee maker. Desks in Unit 1.
    Items Excluded  Property of tenants.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Well
  • Basement  Slab/None
  • Fuel  Natural gas
  • Seating Capacity  21-30 persons
  • EXTERIOR FEATURES  
  • Type   Beauty/barber, Office, Retail, Service, Shopping center/StripMall
  • Exterior Treatment  Brick, Steel
  • Building Parking  6-10 spaces, Onsite
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  Internet - Cable
  • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district, Free standing
  • Tenant Pays  Electric, Heat
  • Present Use  Beauty/barber shop, Office, Service
  • Licenses  None
  • Lease Type  Other
  • Occupied by  Tenant(s)
  • Sale Includes  N/A
  • Features  Display window, Private Restrooms, Private office(s), Public rest rooms, Reception area, Signage available



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Robinson Realty Company