$489,500
$510,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
202 E Michigan Avenue Paw Paw, MI 49079
5 Baths
7,938 SqFt
Key Details
Sold Price $489,500
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,938 sqft
Price per Sqft $61
Municipality Paw Paw Vllg
MLS Listing ID 23138623
Sold Date 02/01/24
Full Baths 5
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 2016
Annual Tax Amount $5,128
Tax Year 2023
Lot Size 5,663 Sqft
Acres 0.13
Lot Dimensions 49.5' x 102'
Property Description
Prominent historical brick office/retail/multi-family building. Formerly the First National Bank building, but the suite is now occupied on the first floor by a retail store and the local Chamber of Commerce. The upstairs features three (3) - One (1) bedroom apartments (with potential for a fourth apartment to be finished), laundry room and private parking. Currently income comes from office tenant, retail tenant and 3 multi-family tenants and laundry. The apartments are separately metered.
Location
State MI
County Van Buren
Area Grand Rapids - G
Direction Located on E Michigan Avenue between Kalamazoo & Niles
Rooms
Basement Full
Interior
Cooling Central Air
Fireplaces Number 1
Exterior
Utilities Available Phone Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Phone Connected, Natural Gas Connected, Electric Connected
View Y/N No
Roof Type Composition,Concrete
Street Surface Paved
Building
Building Description Brick,Stone, Bath Common Area
Sewer Public Sewer
Water Public
Structure Type Brick,Stone
New Construction No
Schools
School District Paw Paw
Others
Tax ID 80-47-112-002-50
Ownership LLC
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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