MI > Isabella > Mt. Pleasant > 316 W Broomfield Street
  • MLS# 1914367
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GREAT INCOME PRODUCING PROPERTY AT THE DOOR STEP OF CENTRAL MICHIGAN UNIVERSITY'S CAMPUS. DON'T LET THIS OPPORTUNITY PASS..... PROPERTY IS LEASED OUT AND IS PERFORMING AROUND A 10% CAP RATE. DRAGON EXPRESS IS THE TENANT IN THE FRONT AND OCCUPIES 3200 SQ FT. IT'S A WELL ESTABLISHED RESTAURANT AND LEASED THROUGH 2029. 312 SALON IS THE BACK TENANT AND OCCUPIES THE REMAINING 1800 SQ FT. THAT SPACE IS LEASED THROUGH 2025. PROPERTY HAS HIGH VISABILITY ON A BUSY ROAD. TENANTS ARE RESPONSIBLE FOR THEIR OWN UTILITIES AND SOME MAINTENANCE.

Property Information

Status
Contingency [?]
Address
316 W Broomfield Street 
City
Mt. Pleasant 
Zip
48858 
Year Built
1980 
Listing Date
08/09/2023 
County
Isabella 
Possession
Subject to Tena 
Parking
Paved 
Price/SqFt
87.11 

Taxes

Summer Taxes
$5,700 
Winter Taxes
$1,900 

Features

Current Use
Restaurant/Food Service,Other 
Features
None 
Zoning
Commercial 
Water
Municipal Water 
Sub Property Type
Retail/Commercial 
Licenses
None 
Exterior Features
Brick 
Cooling
Central Air, Forced Air, Natural Gas 
Heating
Central Air, Forced Air, Natural Gas 

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  • Property History
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Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1914367 Contingency Active Apr 10 2024 11:00AM 264
1914367 Active Aug 9 2023 3:16PM $450,000 264
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Century 21 Lee-Mac Realty
Office Address 605 W WARWICK DRIVE

316 W Broomfield Street Mt. Pleasant
Contact us
$450,000
For Sale • Acres: 0.51 • Zoning: Commercial