About 884 E Michigan Street
*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Road. The corner lot location is over half-acre. The main building has served as a thrift outlet and can be adapted to numerous retail or service provider configurations and there are 2 standard garages, 3 bathrooms and 4 additional entrances and business or commercial parking spaces. Enhance your annual ROI with tens of thousands in *Passive Rental Income* from the 2 single family residences included in the purchase. Or get really creative by tearing down and re-zoning to 2 50-foot by 140-foot home sites, noting that new zoning has been proposed which would allow heights soaring 2 or 3 stories. *More Passive Income* via stacked billboards also included in this offering. Great location with multiple income stream potential - a unique investment opportunity that will likely not last long. This property is zoned for Blankner and Boone schools. Notice: Prospective buyers are not permitted to approach the Seller, management, tenants, or employees directly. All communications, requests for information, and property viewing arrangements must be coordinated through the Listing Broker. Seller Financing Option: No. See also: MLS#O6415078. Contact us today to schedule your visit.
Features of 884 E Michigan Street
| MLS® # | O6429402 |
|---|---|
| Price | $1,615,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 3,258 |
| Acres | 0.56 |
| Year Built | 1982 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Listing Details
| Office | JR REALTY GROUP LLC |
|---|
Listing Map
Neighborhood Information for 884 E Michigan Street
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Blankner K-8 Public - Preschool to 8Th Grade - Closest Elementry School |
0 Miles | |
|
|
William R Boone High School Public - 9Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
Kaley Lake Como Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
Ucp Charter School Public - Preschool to 1St Grade |
1 Miles | |
|
|
Ucp East Charter School Public - Preschool to Kindergarten |
1 Miles | |
|
|
Ucp Transitional Learning Academy High Charter Public - 6Th Grade to 12Th Grade |
1 Miles | |
|
|
Childs Place Private - Kindergarten to 1St Grade |
1 Miles |
School data provided by GreatSchools