1429 1439 Main Street, Fremont, MI 49412 (MLS# 14008555)

1429 1439 Main Street, Fremont, MI 49412

$1,700,000

Property Type: Commercial Sale Square Footage: 41,784 Lot Size (sq. ft.): 443,876 Status: Sold

Current Price: $1,700,000 List Date: 2/26/2014 Last Modified: 12/19/2024

Overview

Description

#2156 100% leased investment opportunity. Nearly 42,000 sf net lease to Dunham Sports, Peebles, Glik's and Continental Rental. Major tenants renewals to 2027 and 2033. Solid cash flow with upside potential offering two pad sites (.5 & 1.4 acres) for lease build-to-suit or sale. Conveniently located in the Fremont business retail business district. Avg. HH income $70,324 (1 Mile), $68,166 (3 Miles) and $65,092 (5 Miles). Financial information provided upon receipt of signed confidentiality agreement. Call/email listing agent.

Listing Details MLS# 14008555

Location Property Info

County: Newaygo
Street #: 1429
Street Name: Main
Suffix: Street
State: MI
Zip Code: 49412

General Property Info

Lot Measurement: Acres
Lot Acres: 10.19
Lot Square Footage: 443876
Lot Dimensions: 220' x 900' x 715' IRREG.
Year Built: 1974
Road Frontage: 220
Listing Number Display: 14008555
Year Remodeled: 1988
Total # Units: 4
Total # Bldgs: 2
Total SqFt: 41784
Total Net SqFt: 41784
Waterfront: No
School District: Fremont

Tax Info

Tax ID #: 621334300040
Taxable Value: 670900
SEV: 670900
For Tax Year: 2014
Seller's Annual Property Tax: 40527
Tax Year: 2013
Spec Assessment & Type: None known
Non-Conforming Use: No
Zoning: Neighborhood Sh

Remarks Misc

Directions: W. Main St (48th St., also known as M-82), between DeWitt and Market Avenues (north side)

Status Change Info

Under Contract Date: 2014-06-11
Sold Date: 2014-06-19
Sold Price/SqFt: 40.69

More Information

Income and Expenses

Gross Op Income ($): 376000

Property Features

SqFt Information: Security System Uses: Retail; Other Ownership: LLC Business Includes: Real Estate Construction Type: Block Exterior Material: Block; Brick; Stone Roofing: Rubber Below Grade: None Additional Features: Barrier Free; Clearspan; Expandable; Fire Sprinkler; Multi User Facility; Util Sep Mt Tenant Pays All: Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Sewer; Trash; Water Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional; Tax Def Exchange Docs at List Office: Aerial Photo; Survey; Other Docs Req Conf Agrmnt: Demographics; Financials; Leases; Rent Roll; Site Plan Sale Conditions: None

Listing Office: Coldwell Banker Woodland Schmidt Commercial

Listing Agent: Michael Nagelkirk

Last Updated: December - 19 - 2024

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