Listing Detail

The Martin Company

6400 Western Ave.
P.O. Box 7
Glen Arbor, MI   49636

Phone: (231) 334-7000
Fax: (231) 334-7004

Listing is courtesy of Coldwell Banker Schmidt-402 231-922-2350


1550 County Road 633
Grawn

$489,000

  • #1890973
  • Number of Units: 6
  • Square Feet: 7,847
  • Acres: 2.12
  • School District: Traverse Bay Area Intermediate School District
  • Township: Blair
  • County: Grand Traverse
  • Property Type: Other
  • Garage: None
  • Appliances: None
  • Extras: None

Income property available at the corner of US-31 and County Road 633 on 2.12 acres. Currently offers 6 rental units (1 house and 5 mobil homes). Based on current income and asking price, gross return on investment is 10.5%. Zoning allows for many uses, including retail. See documents for details. There are 2 vacant buildings on the property. House on the northwest corner is not part of this offering.


Map of , Grawn