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$279,900

Beds
2
Baths
1.5
sq ft
1,020

425 Broadway St, Marine City, MI 48039

425 Broadway St

Marine City, MI 48039

  • 60 days on market
WELCOME TO THE BLOCK!! Fully Renovated Commercial Space with LEASE-TO-OWN and NO credit check or income verification! "The Bungalow on Broadway" is now for sale. New furnace, tankless water heater, central air conditioning while located on a main throughway and ready for your business to turn on the OPEN sign! Just a few walking blocks from thriving Downtown Marine City which features freighter watching, family beach, parks, movie theater, winery, marina, live music, fantastic restaurants and shops. A commercial appraisal is on-hand to support selling price of just the real estate here BUT as a Huge Bonus and at NO COST TO YOU; the Seller has agreed to leave all contents behind including every kitchen and laundry appliance, couches, chairs, beds, tables, wall art, linens, etc. Basically, everything you will see during your showing if you intend on continuing this space as an AirBnB. Additionally, the Seller will transition all existing reservations and provide an entire clientele list for creating your very own simple income generating property. ** Showings will be very limited as to not disturb paying guests ** $27,790 down payment at closing with $2,000 monthly lease payment which includes property taxes and homeowners insurance. Two year lease with balloon payment of $250,000 at any point, no pre-payment penalty. Questions?? Interested?? Hit that Button!!

Details

Property type

Single Family Residence

Lot size

2,614 sq ft

Price per sq ft

$275

Year built

1966

Annual property taxes

$3,301

Price History

09/23/2024
Realcomp

Realcomp #20240071670

Listed
$279,900
-6.7%
09/19/2024
Realcomp

Realcomp #20240032717

Removed
$299,999
05/14/2024
Realcomp

Realcomp #20240032717

Listed
$299,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East China

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Status: Active

Tomo last checked: 11/23/2024 at 4:15 AM

Listing updated: 09/24/2024 at 6:11 AM

Listed by: Timothy Block, Showtime Realty Phone #: (586) 262-4775

MLS: Realcomp #20240071670

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