For Sale
$295,000

217 Maple St Big Rapids, MI 49307

Prime Downtown Location, Owner Financing!

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Class A retail property at 217 Maple Street, Big Rapids, MI 49307, is a 2,510 square foot, single-story building situated on a 0.06-acre lot. Built in 1920 and extensively renovated in 2022, it offers a versatile space ideal for a restaurant or storefront. Currently vacant, this property boasts a spacious reception area, a well-equipped conference room, two offices, an employee restroom, and a break room with a kitchenette. Its prime downtown location provides easy access to city services, making it an attractive option for businesses seeking high visibility and convenient access. The asking price is $295,000 ($117.53/sq ft), significantly below market value. Attractive owner financing is available with a 20% down payment, a 3-year balloon payment, and a 7% interest rate. The property is zoned for commercial use and presents a tremendous investment opportunity. Don't miss this chance to acquire a beautifully renovated, well-appointed retail space in a thriving downtown area.

Highlights

  • Priced below market value; owner financing offered: 20% down, 3-year balloon, 7% interest.
  • 2,510 square foot retail space ideal for restaurant or storefront.
  • Features reception area, conference room, two offices, employee restroom, and break room/kitchenette.
  • Prime downtown Big Rapids location with convenient access to city services.
  • Tremendous investment opportunity.

Property Details for 217 Maple St

Property type
Retail properties, Restaurants
Square Feet
2,510 SF
Class
A
Year Built/Renovated
1920/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
2,614 SF
Units
1

Location Insight

City
Big Rapids
County
Mecosta
State
Michigan
Latitude
43.6983117834
Longitude
-85.480839383863

FAQs

What type of property is this?
Retail property - Prime Downtown Location, Owner Financing!
Where is the retail property located?
The property is located at 217 Maple St Big Rapids, MI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Priced below market value; owner financing offered: 20% down, 3-year balloon, 7% interest.; 2,510 square foot retail space ideal for restaurant or storefront.; Features reception area, conference room, two offices, employee restroom, and break room/kitchenette.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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217 Maple St
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