118 State StMontrose, MI 48457

  • Commercial real estate
  • 1,800 SF
For Sale
$89,000 View listing

Property Details for 118 State St

Year built
1920
Lot size
0.06 AC
Property size (Sq ft)
1,800 SF
Zone code
MULT FAMILY MFR
Property type
Commercial real estate
APN
60-17-581-005
APU
6017581005

Description

This 1,400 square foot, single-story commercial office building is located at 118 W State St, Montrose, MI 48457, in Genesee County. The property is for sale by owner for $89,000 and features a versatile layout ideal for a variety of businesses. The space includes a spacious conference room, two private offices, a reception area, a common area, ample storage, a kitchenette, and a modern bathroom. Multiple entrances provide easy access, and convenient parking is available both in front and at the rear of the building. The building's prime location in downtown Montrose offers excellent visibility and accessibility. The permitted zoning is commercial, allowing for diverse business uses. This presents an excellent opportunity for an owner-occupier or investor seeking a profitable venture. The building's size and amenities make it suitable for various business needs, from a single tenant to multiple occupants. The property is privately owned and offers significant potential for rental income, whether leasing the entire building or individual office spaces.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $352,700
    Hospitality
    $323,071
    Educational
    $268,791
    Medical
    $278,036
    Retail
    $418,120

Location Insight

City
Montrose
County
Genesee
State
Michigan
Latitude
43.1765
Longitude
-83.8938
CBSA code
22420
CBSA name
FLINT, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$1,514
-
-
$27,200
-
-
-
$54,400

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].