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COMMERCIAL REAL ESTATE AUCTION

Tuesday, December 9th at 4:30 P.M.
2101, 2107, 2111 Bay City Rd. Midland, MI 48640
 



Built: 1937
2101 Bay City Road: 1,660 Sq Ft and was leased for $800. pr. month

2107 Bay City Road: 1,517 Sq. Ft Is Leased at this time for $850.00

2111 Bay City Road: Billboard Leased on Both sides for $250. Pr. month the Billboard is included in this sale.
and is Grandfathered for and approved for offsite advertising.
All 3 address have separate utilities and meters

ALL THREE ADDRESSES TO BE SOLD AS ONE UNIT
 

        Tenants pay their own utilities, plow snow and mow yard and do the maintenance.

        Property is run absentee for the last 5 years and has an excellent rental history.

        All interiors have been updated, A/C, furnaces, electrical, ceilings, windows.

        New roof was installed in 2010 and is under warranty

 


This building has a great rental return for the investment.
Currently 2111 Bay City Road has tenants.

Parcel: 14-23-70-246

SEV: 62,700

Lot Size: 120' x 180'
Acreage: .50

Legal Description: BEG 33 FT E & 50 FT N OF SW COR OF SE 1/4 OF NW 1/4 OF SEC 23, N 180 FT, E 120 FT, S 180 FT, W 120 FT TO BEG


REAL ESTATE TERMS:   High bidder will pay a 10% non refundable deposit due on auction day at time of accepted high bid. 10% Buyers Premium due at closing on real estate only. Buyer and Seller will split closing fee 50/50. Seller will provide title insurance. Closing will be with in 45 days of auction. 
FOR QUESTIONS OR INSPECTION OF REAL ESTATE: 
Call Tony at 989-
513-9405
or Mike at 989-835-1581


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