Description

Big Rapids - MLS# 1924552
**** Update: Owner Financing Available - 20% Down, 8% Int, 20 yr Amortization with 5 year balloon *** A 10,500 SF retail building located on North Michigan Avenue in the heart of Big Rapids, Michigan. This property presents an excellent opportunity for both owner/users and investors to acquire a spacious retail space with a 50-space parking lot in Downtown Big Rapids. The building has a rich history, having previously served as a Sears & Roebuck and a grocery store. It has been meticulously maintained, featuring a recently installed new roof. Additionally, the previous tenant upgraded the HVAC system, plumbing and electrical services. The building offers a mostly completed redesigned and built-out main street entrance, featuring ADA compliant restroom, a welcoming reception area, conference space, and multiple office & storage areas. The spacious central portion of the building includes two locker rooms with showers, ideal for employee or customer use. A separate back area of the building provides the flexibility to accommodate another business or tenant. Additionally, this property comes with a second designated lot, paved for parking and offers convenient alley access for easy ingress and egress. Current owner has freshly power washed & painted the exterior recently. Immediate possession available after closing. There is an existing gym currently operating in the back 2,000 sf of the building (this area has an additional customer restroom specific to this business). Gym equipment is being sold separately.