228 N Chestnut St

228 N Chestnut St, Reed City, MI

$150,000

Price

1,440 sqft

Building Size

0.32 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
1,440 sqft
Lot Area
0.32 acres
Class
C
Year Built
1950
Description

Single tenant property with NNN lease to H&R Block to 2026. Located just north of downtown Reed City and close to Pere Marquette and White Pine bike paths. Easy access to US10 and US131. Corner lot with pylon sign and plenty of parking. Recent updates include new flooring. Great investment opportunity available at a 10.4% cap rate. Long-term H&R Block tenant. Additional single tenant properties leased to H&R Block available to purchase.



Southeast corner of N Chestnut St and E 5th Ave

Highlights
  • Long-Term H&R Block Tenant
  • NNN Lease
  • Pylon Sign
  • 10.4% Cap Rate
Documents
Location
Gallery