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$ 239,000
Est. payment /mo
New
124 W Upton AVE Richmond Twp, MI 49677
2 Baths
4,132 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 4,132 sqft
Price per Sqft $57
MLS Listing ID 72026051647
Year Built 1920
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type BusinessandRealEstate
Property Description
Here's a rare chance to own an investment property with nearly three decades of proven rental income/stable lease history in the heart of Reed City's historic downtown business district. Whether you're a seasoned investor or seeking a smart entry into commercial real estate, this versatile, income-generating building delivers stability, flexibility, and long-term value. The lower unit features a flexible layout with 5 private offices, 2 bathrooms, and street front and rear parking lot entrances--ideal for medical, retail, or professional services. Upstairs you'll find a spacious 1-2 bedroom apartment with long-term rental history, plus a second apartment space ready for finishing to generate even more income. New roof installed in 2023 with a 30-year warranty, all new water lines, all new drain/sewer lines, new furnace and central air. Zoned for multiple uses, this well-maintained property is perfect for investors seeking passive income or a live/work setup in a prime location. Don't miss your chance to own a proven performer in downtown Reed City!
Location
State MI
County Osceola
Area Area67131Richmondtwp
Rooms
Basement Common Storage Locker, Full
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable
View Y/N No
Roof Type Rubber
Building
Foundation Basement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Reed City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Tricia Wirth of Results Real Estate LLC