68050 s main, richmond, MI 48062

*For Sale: Income-Producing 3-Bedroom Rental Home ? $259,999** More than one excellent investment opportunity awaits with this income-producing rental home located next to Dairy Queen in downtown Richmond. This 3-bedroom, 1-bathroom property was formerly a successful live/work space for a massage therapy provider that served the community for nearly 20 years. The current tenants wish to remain, offering immediate rental income potential, or you can reclaim the property and transform it into your own live/work space. With endless potential and flexibility, this property is also available as part of a redevelopment package with two neighboring businesses, offering a total of 183? of prime Main Street frontage that capture l 25,000 daily passing vehicles (DPD), this location is ideal for future growth and business opportunities as a mixed-use property. Ask about State of Michigan grants for development of housing in growing rural development zones. Don?t miss this rare opportunity to invest in both residential and commercial potential! Offered at just $259,999.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Joan Schinderle-King of Realty Executives Home Towne Chesterfield

This listing last updated: Thu, October 17, 2024 at 9:02:29 PM EDT

MIRealSource Listing Data Last Updated On Monday, November 4 2024 at 5:45pm