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401 E Railway Street Coleman, MI $ 174,500
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401 E Railway Street
$ 174,500
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401 E Railway Street

Coleman, MI, 48618
$ 174,500
Baths0.0 Sq 2,284

Monthly Estimate*

$ 1,219

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Studio

Commercial Property for sale in Coleman, MI

for $174,500. This 2,284 square foot building was built on a lot size of 0.26.

A fantastic opportunity in downtown Coleman. This unique property offers a commercial building with over 2,200 ft², formerly an auto mechanic shop, as well as a 1,600 ft² home on the same property. Open your business and live in the back or generate rental income from each space individually. The home features 2 main floor bedrooms, 2 main floor bathrooms one of which has a jetted tub, plus an upper level room used as an additional bedroom. Don't forget the 12x13 screened in porch. The shop sits on a prime corner lot on the main street through town. It has an office, reception space, bathroom, storage room, and the two bay shop section with newer overhead doors, LED lighting, and a large air compressor all plumbed in and ready to go. The shop has a newer rubber roof and the main portion of the house also has newer shingles. Lots of possibilities with this one, don't miss out.

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Commercial Active

Price

$ 174,500

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial/Industrial

Lot Size

0.26

Town/City

Coleman

County/Region

Midland

MLS | Web ID

50141590
Features
General
Water Public Water
Status Active Active
Year Built 0
County Midland
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Private
Municipality Coleman
Subdivision MI
Area Coleman (56017)
Primary City Coleman
City Coleman
Street Name Railway
Financial Terms Cash Conventional
Legal Description CITY OF COLEMAN COM AT SW COR LOT 7 BLK 35 TH SELY 86.8 FT NE 76 FT SELY 33.4 FT N TO S LNOF LOT 5 N 57D 39M W 88.85 FT
DOM 6
Postal Code 48618
Price Per Sq Ft 76.4
Coming Soon A fantastic opportunity in downtown Coleman. This unique property offers a commercial building with over 2 200 ft² formerly an auto mechanic shop as well as a 1
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Exterior
Lot Size Area 0.26
Lot Dimensions 87x120
Waterfront Y/N No
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* Excluded Features
List By
PRESTON BOVEE

Listing Agent

Homewaters - Gladwin

Broker

preston@homewaters.net

Email

Affordability Calculator

$1,219
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,219
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/10/2024$174,500 Listed Price

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401 E Railway Street, Coleman, MI, 48618 is a Commercial Property for sale at $174,500 with 2,284 sqft and a lot size of 0.26. 401 E Railway Street is a studio with 0.0 baths. The property's zip code is 48618 which is in Coleman, MI

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