Price Reduction - Seller Financing
Address
40 N State Street, St. Ignace, MI
Price
$ 460,275
Property Attributes
  • MLS#201826075
  • TypeCommercial
  • CountyMACKINAC
  • CitySt. Ignace
  • AreaSt Ignace
  • NeighborhoodAssessorS Plat No. 5
  • Zip49781
  • StyleRetail
  • Year Built1956
  • Taxes$ 8403
  • Price$ 460,275
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8859
Data Source:
Water Wonderland MLS (WWMLS)
Property Description

Possible Owner Financing and/or lease to qualifed buyer! Great space with unlimited possibilities located in historic downtown St. Ignace! Located across from the main downtown Mackinac Island Ferry dock and the Lake Huron Boardwalk, this 8859 sq ft space currently houses a successful embroidery/screen printing business and insurance co. tenant and is located in a prime tourist area in Michigan's Eastern U.P. Rear parking as well as back street access is perfect for deliveries. This spacious & attractive building has great potential for a mall-type set-up with many businesses & an upper-level addition to accommodate beautiful water-view living. Northern Shirt business is for sale for $117,000 and can be moved to smaller space. Owner training offered. Located in the Opportunity Zone.

Price History
8/29/2023 Listed $649,500
10/20/2023 24% - $499,500
1/2/2024 2% - $494,500
2/8/2024 3% - $484,500
4/30/2024 5% - $460,275

General Features

Sewer Municipal
Water Municipal
Zoning 201 Commercial
Electric Master
Stories 1.0

Interior Features

Heat/Air Conditioning Forced Air

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 49781

Price
AVG $360K
$460K
Taxes
AVG $6,162
$8,403
Visits
AVG 20
24
Data Provided by Inside Real Estate®
Year Built
AVG 1961
1956
Walkscore
AVG 41
48
Data Provided by Walkscore® not using MLS data

Areas We Cover