217 Maple StBig Rapids, MI 49307

Property Details for 217 Maple St

Lot size

0.06 AC

Property type

Commercial real estate

APN

17-11-361-019

APU

1711361019

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $537,274

  Hospitality

  $492,140

  Educational

  $409,454

  Medical

  $423,536

  Retail

  $636,929

Location Insight

City

Big Rapids

County

Mecosta

State

Michigan

Latitude

43.6986

Longitude

-85.4808

CBSA code

13660

CBSA name

BIG RAPIDS, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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