201 S University Street Pending

Mt. Pleasant,MI 48858

$ 399000

0 Bed

- Bath

9000 SqFt


Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Pending

Purchase Type For Sale

Square Footage 9,000 sqft

Price per Sqft $44

MLS Listing ID 61050159412

Originating Board Saginaw Board of REALTORS®

Year Built 1920

Annual Tax Amount $22,176

Lot Size 0.390 Acres

Acres 0.39

Lot Dimensions 140x122

Property Description

Historic Office Building in Downtown Mt. Pleasant "“ Prime Investment Opportunity! Discover the perfect blend of history and modern functionality in this executive office building, ideally located at 201 S University in downtown Mt. Pleasant. Originally built in 1920 as a post office, this property exudes historic charm with its stunning hardwood floors and soaring ceilings, complemented by thoughtful updates for today's business needs. Spanning approximately 9,000 square feet, this well-maintained property is currently occupied by a variety of tenants with leases in place, providing a solid investment with immediate income potential. The main floor welcomes you with a spacious entry and waiting area, leading to 9 individual office suites, a conference room, and 2 public bathrooms. Additionally, 2 suites on this level are equipped with private bathrooms, offering enhanced privacy and convenience. The upper level houses 3 additional office suites and a public bathroom, while the lower level expands the functional space with 8 more office suites, a public bathroom, and 4 storage or utility rooms. A private parking lot provides 19 general parking spaces and 1 handicapped-accessible spot, with ample on-street and public surface lot parking nearby. Recent updates include a new roof installed in 2017, ensuring a durable and well-protected structure for years to come. Whether you're looking to expand your real estate portfolio or secure a prestigious location for your business, this iconic property in the heart of Mt. Pleasant offers an unparalleled opportunity.

Location

State MI

County Isabella

Area Mount Pleasant

Zoning Commercial,Office

Interior

Hot Water Natural Gas

Heating Forced Air,Central Air

Heat Source Natural Gas

Exterior

Roof Type Metal

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Mt. Pleasant

Others

Tax ID 170000039500

Ownership Corporate/Relocation,Short Sale - No

Acceptable Financing Cash,Other

Listing Terms Cash,Other

Financing Cash,Other

Special Listing Condition Full Service

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