• 43 North Realty, LLC
  • 202 E Superior Street
    Alma, MI 48801

201 Mill Street
St Louis MI 48880

Description


St Louis - MLS# 1920168
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.

Details


  • Type : Retail/Commercial
  • Sqfeet :
  • School :
  • Stories :
  • Acres : 0.08
  • Township : City of St Louis
  • Lake/River :
  • County : Gratiot
  • Zoning : Residential,Commercial,Special Use
  • Lot Size : 33x101
  • Basement :
  • Construction :

Listing Provided Courtesy of Ryan Smith - II GEMINI, LLC

Map

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Contact

43 North Realty, LLC

E-mail: Contact Us

Phone: (989) 463-1219

202 E Superior Street
Alma, MI 48801

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43 North Realty, LLC

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Contact Us
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202 E Superior Street
Alma, MI 48801

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