Commercial: MLS #23013292 Reading, MI ^$ 1,200,000

Commercial: MLS #23013292

^$ 1,200,000

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Commercial: MLS #23013292

Reading, MI, 49274

^$ 1,200,000

Studio Baths1.0

Monthly Estimate*

^$ 7,976

Studio

Commercial Property for sale in Reading, MI

for $1,200,000 with 1 full bath. This building was built in 2021 on a lot size of 4.11.

Sale includes complete inventory to grow and process product for wholesale distribution. The building is set up with 3 active grow rooms, 1 inactive grow room which offers additional income opportunity, 1 dedicated drying room, 1 trim room, and a large shop with O/H door. Along with outdoor growing space. There are a total of 7 separate tracts included with this listing. Initially the 7 lots were laid out as residential building sites. Since they are still individual tracts in the tax roll, they could still be developed as such. Close proximity to several lakes.

Commercial Active

Price

^$ 1,200,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 449

Style

Retail/Commercial

Lot Size

4.11

Year Built

2021

Town/City

Reading

County/Region

Hillsdale

MLS | Web ID

23013292

Features

General

Sewer Septic System

Utilities None Available Electric Connected

Possession Close Plus 6 to 29 Days

Roof Metal

Construction Materials Metal Siding

Year Built 2021

Township Reading Twp

Property SubType Retail/Commercial

Tax Year 2022

Business Type Other

County Hillsdale

New Construction N

Property Type Commercial Sale

Status Active

Directions Property location protected. Directions will be given at the time of scheduling a showing.

City Reading

High School District Reading

NumberOfUnitsTotal 1

MLS Area Hillsdale County - X

Lot Size Units Acres

Lot Size Square Feet 179032.0

Waterfront Y/N N

Land Lease Y/N N

Tax Annual Amount 449.0

Lease Renewal Y/N N

MLS Area Minor Hillsdale County - X

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 400

Standard Status Active

Occupancy Type Tenant

Tax Assessed Value 10330

Legal Description 7 total parcels see additional document with legal descriptions.

Senior Community None

Interior

Total Fireplaces 2

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Full Baths 1

Electric On Property Y/N N

Total Baths 1

Exterior

Water Source Well

Inclusions {u'Equipment': True u'Inventory': True u'Real Estate': True}

Lot Size Area 4.11

Foundation Details Slab

Number of Buildings 2

Spa N

Building Area Total 4987.0

Lot Dimensions 269x688x197x73x680

Lot Size Acres 4.11

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

Century 21 Drews Realty

Broker

tom.koeneman@gmail.com

Affordability Calculator

$8,013

Per Month

Monthly Principal & Interest: $7,976
Monthly Property Taxes: $37
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Reading, MI

Average List Price ^$1,200,000

Percent of Sale Price 0%

About Reading, MI

859 Population

-15% Since 2002

^$44,304 Median Income

40.36 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

249517 Elementary School

249143 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/26/2024	$1,200,000	-20.00%	Price Down
4/29/2023	$1,500,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

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.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 6/2/2024.

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Commercial: MLS #23013292

Commercial Property for sale in Reading, MI

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