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$399,000

705 1ST Street, Menominee, Mi, 49858

15,312 Sq. Ft.

MLS# RAN50327255

Estimated monthly payment:

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Built in 1892
$26.06/sqft
Taxes: $5,370.37

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

  • Price per sq ft$26.06
  • Floors3 floors
  • Area, sq ft15,312 sq ft
  • Lot Size, acres0.14
  • Year built1892
  • For Sale or RentFor Sale
  • Parcel Number051-004-710-00
  • HeatingForced Air
  • Water SourcePublic
  • SewerPublic Sewer
  • Tax Amount$5,370.37

Other Information

Inclusions:
Washer and dryer, 5 refrigerators and stoves in apartments.

Exclusions:
Seller and tenant's personal belongings.

Contact Agency

AJ

Adashun Jones, Inc.

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Listing Provided by: Broadway Real Estate | philkloida@gmail.com

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