705 1ST Street, Menominee, MI 49858, MI 49858

$399,000

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List Price
$399,000
Price Change
▲ $24,000 1787096482
Status
ACTIVE-NO OFFER
MLS#
50327255
Acres
0.14
Municipality
City of Menominee

Property Description

HERE'S YOUR CHANCE TO OPEN YOUR OWN BUSINESS ON HISTORICAL 1ST STREET or lease the space for additional revenue on top of the $3,300 from the 5 apartments on the 2nd floor! 1st floor 5,104 sq ft, 2nd floor 5,104 sq ft with 5 apartments. Two with 2 bedrooms, Three with 1 bedroom. All have own bathrooms. Laundry room available. 3rd floor 5,104 sq feet is vacant. Your imagination to remodel and possibly convert to your own large living space or multiple smaller apartments. Landlord pays heat and water, tenants pay electrical. * Seller will consider lease-to-own options with qualified buyers. * New roof with lifetime warranty installed August.2026. Rents-Apt.1-$850, #2-$650, #3-$700, #4-$700, #5-$650 - Total $3,550.00

Additional Information

Foundation
Block
Basement
None
Water
Public
Sewer
Public Sewer

Courtesy of Broadway Real Estate

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IDX Data Source: RANW MLS


Listings courtesy of RANW MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.