Property Listing No Longer Available for Sale

11523 N Straits Highway, Cheboygan, MI

Office for Sale - $320,000


Property Info

CIMLS#1127882
Location
  11523 N Straits Highway
  Cheboygan MI 49721
UpdatedJuly 15th, 2022
TypeOffice
Price$320,000

Property Description

This 6 unit mixed use rental property consisting of 4 high traffic commercial and 2 residential rental units may be the perfect investment for your portfolio. Real estate is considered to be one approach to hedge against inflation and this extensively remodeled building has addressed many capital expenses. The reasonable market rents make this an affordable option for the small business tenants, especially considering the high traffic count location near WalMart, McDonalds, and Walgreens. The private parking area provide customers, tenants, and employee off street parking. The residential units have private entrances and backyard access. This may be the opportunity to generate passive income to enhance your overall financial position.


Financials