427 N STEER Street Addison, MI ^$ 950,000

427 N STEER Street

^$ 950,000

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427 N STEER Street

Addison, MI, 49220

^$ 950,000

Studio Baths0.0 Sq 12,235

Monthly Estimate*

^$ 6,314

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Studio

Commercial Property for sale in Addison, MI

for $950,000. This 12,235 square foot building was built on a lot size of 7.2.

Attention All Developers! Beautiful 7.20 acre property with approximately 875' of Frontage on the tranquil Addison Mill Pond. This property also included the former Addison Bariatric Hospital of 12,235 sq ft and another 1,800 sq ft building that is currently leased for $2,000.00 per month. The hospital has a 500 kilowatt transformer with 3 Phase power and 208 volts. This property could also be developed for multi-family, senior housing, self-storage and many other uses. All information is estimated and should be verified.

Commercial Active

Price

^$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,990

Style

Commercial/Industrial

Lot Size

7.2

Town/City

Addison

County/Region

Lenawee

MLS | Web ID

60294724

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

County Lenawee

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Addison

Zoning Commercial

Subdivision MI

Commercial Features 3 Phase Power

Area Addison (46023)

Primary City Addison

Directions US-127 to Property US-127 is Steer Street in the Village of Addison

City Addison

Street Name STEER

Financial Terms Cash Conventional

Legal Description LD BEG 65.5 RDS S FROM NW COR OF E 1/2 OF SE 1/4 SEC 31 RUNN TH S 136 FT E 154 FT N 136 FT W 154 FT TO POB DESCRIPTIVE-VILLAGE OF ADDISON 5/12/2016 COMB TO WD1-131-4425-00

DOM 78

Postal Code 49220

Price Per Sq Ft Total 77.65

Coming Soon Attention All Developers! Beautiful 7.20 acre property with approximately 875' of Frontage on the tranquil Addison Mill Pond. This property also included the former Addison Bariatric Hospital of 12

Exterior

Exterior Brick

Frontage 300

Body of Water Addison Mill Pond

Lot Size Area 7.2

Lot Dimensions IRREGULAR

Water Features Pond Waterfront

Roads Paved Street

Waterfront Y/N Yes

* Excluded Features

List By

David Misko

Listing Agent

Van Esley Real Estate Inc

Broker

ddmisko@gmail.com

Affordability Calculator

$6,896

Per Month

Monthly Principal & Interest: $6,314
Monthly Property Taxes: $583
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Addison, MI

Average List Price ^$269,378

Percent of Sale Price 72%

About Addison, MI

468 Population

-3% Since 2002

^$47,006 Median Income

44.1 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/18/2024	$950,000		Listed Price

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427 N STEER Street, Addison, MI, 49220 is a Commercial Property for sale at $950,000 with 12,235 sqft and a lot size of 7.2. 427 N STEER Street is a studio with 0.0 baths. The property's zip code is 49220 which is in Addison, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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427 N STEER Street

Commercial Property for sale in Addison, MI

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