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Key Details
Sold Price $60,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,180 sqft
Price per Sqft $14
Municipality St Louis
Subdivision St Louis
MLS Listing ID 80015532
Sold Date 07/08/24
Originating Board MiRealSource
Year Built 1950
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Investment opportunity! Are you a developer looking for a turn key project? Or how about a business owner looking to own their own building and generate additional rental income? 201 Mill Street in downtown St. Louis could be for you. This mixed-use property offers the best of both worlds with approximately 2,500 square feet of ground floor commercial space, perfect for retail, a restaurant, or offices. Additionally, the second floor consists of 1,675 square feet of residential space, ideal for tenants or an owner's residence. Benefit from significant financial incentives, including designation for an obsolete property rehabilitation abatement. The property also qualifies as a brownfield site, opening doors to tax increment financing with the potential for property tax abatements and reimb
Location
State MI
County Gratiot
Zoning Commercial,Residential
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Structure Type Vinyl Siding
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