37908 W Red Arrow Highway
Paw Paw, MI 49079
MLS #17000066

Commercial
    $799,000
    Est. P&I payment: $3051.64/mo
    37908 W Red Arrow Highway, Paw Paw, MI 49079
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    Description for 37908 W Red Arrow Highway, Paw Paw, MI 49079
    Fifteen plus acres with full service restaurant with active lease! Five storage unit buildings with 16'X 20' individual units renting for $75 per month. Some double units for $150 per month, average 75% occupancy. 41 units !Huge pole construction building with four sections, former indoor, year around flea mall. There is also a house behind the storage buildings that has monthly rental income! The current income will go a long way toward a payment!! The property is priced below the SEV. Wonderful redevelopment opportunity!Also includes an approved campground with its own well and septic, electric hook ups and bathrooms and showers!NOTE: There is an additional ten acres behind the offered with a log home, a residential pole building paying $600 per month and a log home and outbuildings fo
    MLS #17000066
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    My Notes for MLS #17000066

    General Features

    • Area: Greater Kalamazoo - K
    • Below Grade: None
    • Lot Acres: 15
    • Lot Dimensions: 535X1103 X 660 X 1200
    • Lot Measurement: Acres
    • Lot Square Footage: 653,400
    • Number of Finished Bldg Lvls: 34,620
    • Possession: Close of Escrow
    • Property Sub-Type: Retail/ Commercial
    • Property Type: C
    • Total Net SqFt: 42,300
    • Total Number of Buildings: 12
    • Total SqFt: 42,300
    • Year Built: 1995
    • Zoning: commercial

    Exterior Features

    • Driveway: Easement,​Paved,​Shared Paved
    • Exterior Material: Aluminum Siding,​Vinyl Siding
    • Road Frontage: 535
    • Roofing: Composition,​Metal,​Other

    Interior Features

      Utility Features

      • Air Conditioning: Central
      • Heat Source: Natural Gas
      • Heat Type: Forced Air
      • Sewer: Public,​Septic System
      • Utilities Attached: Cable,​Electric,​Extra Well,​Natural Gas,​Telephone
      • Utilities Available at Street: Broadband,​Cable,​Electric,​Natural Gas,​Public Sewer
      • Water: Well

      Financial Features

      • Annual Property Tax: 17,686
      • List Price/SqFt: 18.89
      • Purchase Terms Avail: Cash/Conventional
      • Tenant Pays All: Building Insurance,​Electric,​Gas,​Janitorial,​Sewer,​Trash
      • Unit 10: Price Per SqFt/Year: 0.00
      • Unit 11: Price Per SqFt/Year: 0.00
      • Unit 12: Price Per SqFt/Year: 0.00
      • Unit 1: Price Per SqFt/Year: 0.00
      • Unit 2: Price Per SqFt/Year: 0.00
      • Unit 3: Price Per SqFt/Year: 0.00
      • Unit 4: Price Per SqFt/Year: 0.00
      • Unit 5: Price Per SqFt/Year: 0.00
      • Unit 6: Price Per SqFt/Year: 0.00
      • Unit 7: Price Per SqFt/Year: 0.00
      • Unit 8: Price Per SqFt/Year: 0.00
      • Unit 9: Price Per SqFt/Year: 0.00

      School Features

      • School District: Paw Paw

      Miscellaneous Features

      • Additional Features: Barrier Free,​Bath Common Area,​Clearspan,​Fiber Optic Hwy,​Multi User Facility,​Outdoor Storage,​Util Sep Mt
      • Business Includes: Real Estate
      • Construction Type: Concrete,​Frame/Wood,​Pole/Wood
      • Current Building Use: retail
      • New Construction: No
      • Uses: Bar/Tavern/Lounge,​Distribution,​Professional Service,​Professional/Office,​Recreation,​Restaurant,​Retail,​Storage

      Location

       
      Street View Not Available
      Directions to 37908 W Red Arrow Highway, Paw Paw, MI 49079
      Red Arrow Hwy west of Village of Paw Paw
      Listing information for 37908 W Red Arrow Highway, Paw Paw, MI 49079 was graciously provided by our friends at the listing brokerage, Golden Star Realty and the listing agent, Barbara R Carpenter

      Get Financing for 37908 W Red Arrow Highway, Paw Paw, MI 49079

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      P&I Payment $3051.64
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      Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Real Estate of Ludington's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Real Estate of Ludington, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
      All information deemed reliable but not guaranteed. Copyright 2017 MichRIC, LLC All rights reserved.
      Last Updated 11/23/2017 at 10:32pm
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