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427 N Steer Street Addison, MI $ 950,000
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$ 950,000 Get more info
427 N Steer Street
$ 950,000
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427 N Steer Street

Addison, MI, 49220
$ 950,000
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 in 1950 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.

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Commercial Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,990

Style

Vacant with Tenant in 2nd Building

Lot Size

7.2

Year Built

1950

Town/City

Addison

County/Region

Lenawee

MLS | Web ID

20230079377
Features
General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Waterfront Description Pond Water Front
Possession At Close
current use Vacant with Tenant in 2nd Building
Zoning Commercial
Year Built 1950
Property Type Commercial
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 71
MLS Area Addison Vlg
Directions US-127 to Property US-127 is Steer Street in the Village of Addison
City Addison Vlg
Terms Offered Cash Conventional
School District Addison
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name STEER
Total Sq Ft 12235
DOM 71
Taxes 6990.0000
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
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Exterior
Waterfront 1
Waterfront Name Addison Mill Pond
Lot Size Area 7.20
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions IRREGULAR
Architecture Level 2 Story
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Interior
Street Suffix Street
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
David D Misko

Listing Agent

Van Esley Real Estate Inc

Broker

(734) 459-7570

Phone

Affordability Calculator

$6,896
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,314
Monthly Property Taxes
$583
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848750 Elementary School
848498 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
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 and was built in 1950. The property's zip code is 49220 which is in Addison, MI

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