MI > Gratiot > Saint Louis > 201 Mill Street

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201 Mill Street Map / directions

Saint Louis, MI

48880 Market info

$85,000

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  • MLS# 1920168
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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.
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 reimbursements until the year 2047. The Michigan Economic Development Corporation has expressed interest in supporting this project, providing additional incentives and opportunities for the future owner. Do not miss this chance to purchase a turnkey project at a discounted rate. This property presents an unparalleled opportunity for developers, business owners, and investors.

Property Information

Status
Active 
Address
201 Mill Street 
City
Saint Louis 
Zip
48880 
Year Built
1950 
Listing Date
03/13/2024 
County
Gratiot 
Possession
Negotiable 
Parking
Street Parking 
Price/SqFt
20.33 

Features

Current Use
Restaurant/Food Service,Office Building,Retail Store,Other 
Features
None 
Zoning
Commercial, Residential, Special Use 
Water
Municipal Water 
Sub Property Type
Retail/Commercial 
Licenses
None 
Exterior Features
Vinyl 
Cooling
Forced Air, Natural Gas 
Heating
Forced Air, Natural Gas 

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annual
annual

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  • Market Statistics
  • Property History
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1859859 Sold Active Mar 14 2024 2:17AM $1 0
1920168 Active Mar 13 2024 10:57PM $85,000 48
1859859 Active Leased Mar 30 2023 8:27PM $1,500 $1,350 0
1859859 Leased Active Nov 22 2019 10:16AM 0
1859859 Active Apr 24 2019 3:17PM $1,350 0
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

MITAAR Logo

Listing Courtesy of Ii Gemini, Llc
Office Address 325 Enterprise Drive

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Our Michigan real estate agents can answer all of your questions about 201 Mill Street, Saint Louis MI 48880. Real Estate One, Max Broock Realtors, and J&J Realtors are part of the Real Estate One Family of Companies and dominate the Saint Louis, Michigan real estate market. To sell or buy a home in Saint Louis, Michigan, contact our real estate agents as we know the Saint Louis, Michigan real estate market better than anyone with over 100 years of experience in Saint Louis, Michigan real estate for sale.

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201 Mill Street Saint Louis
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$85,000
For Sale • Acres: 0.08 • Zoning: Residential,Commercial,Special Use