115 W State
Mancelona, MI 49659
MLS #1842378

Commercial
  • 3,500sq ft
$33,500
Est. P&I payment: $127.95/mo
115 W State, Mancelona, MI 49659
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Description for 115 W State, Mancelona, MI 49659
Have you ever dreamed of owning your own business in the heart of Northern Michigan? The possibilities are endless for this 3500 square foot commercial building in the downtown of family friendly Mancelona. The building is located a block off US 131 and in-between the Pizza Shoppe and a busy BP gas station/food center, and across the street from the public library and village offices. Other buildings within walking distance include Honey Hollow Treasures, True Value Hardware, plumbing and heating shop, a hair salon, bank, attorney, , funeral home and breakfast/lunch restaurant/bakery. This building has a history as a successful tavern and includes a bar, some booths, and several storage rooms. A “resort” liquor license might be available for purchase from the state if a new owner offers food and seating for 50. (There is currently not a public place to have an alcoholic drink in Mancelona!) Building is sold “as is” and needs a roof and some siding work. Land contract available with 15%-20% down, 7% interest and 5-year payoff. Payments would approximate $564 per month without taxes and insurance. This building is being sold with a quit claim deed. This property is convenient to townspeople and tourists due to multiple golf courses, downhill and cross country ski trails, lakes and rivers, hunting and snowmobiling.
MLS #1842378
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My Notes for MLS #1842378

General Features

  • Property Type: Hospitality
  • Total Finished SqFt: 3,500
  • Number of Acres: 0.1
  • Lot Dimensions: 50' by 100'
  • Approx Year Built: 1920
  • Zoning: Commercial

Exterior Features

  • Vacant Land: No
  • Roof: Tar/Gravel
  • Exterior Features: Aluminum,​Brick
  • Parking: Common,​Paved,​Street Parking

Interior Features

  • Number of Restrooms: 2

Utilities Features

  • Heating/Cooling Source: Natural Gas
  • Heating/Cooling Type: Other
  • Water: Municipal Water
  • Sewer: Municipal

Financial Features

  • Sale/Rent: For Sale
  • Price Per SQFT: 9.57
  • Sale or Lease: For Sale
  • Summer Taxes: 1,229.64
  • Winter Taxes: 910.29
  • Other Taxes: 261.25
  • Type of Ownership: Private Owner
  • Variable Rate: No
  • Total Taxes: 2,401.18
  • Terms: Cash,​Owner Assist (L/C)
  • Included in Lease: None

Community Features

  • Development Name: Village of Mancelona

Misc Features

  • Deeded Waterfront: No
  • Business Name: none
  • ECO Features: No
  • Business Included: No
  • Inventory Included: No
  • Present Use: None
  • Foundation: Full,​Unfinished
  • Possession: At Closing
  • Construction: Timber Frame,​Block

Location

 
Street View Not Available
Directions to 115 W State, Mancelona, MI 49659
One block west of US 131 in downtown Mancelona
Listing information for 115 W State, Mancelona, MI 49659 was graciously provided by our friends at the listing brokerage, DEK Realty 6075 Cedar River Road, Mancelona, MI 49659

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P&I Payment $127.95
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Paramount's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Paramount, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Last Updated 04/21/2018 at 10:40pm
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