425 N 5th St, Roscommon, MI, 48653

425 N 5th St Roscommon, MI 48653

425 N 5th St, Roscommon, MI, 48653
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FOR SALE FOR LEASE
Property Type:
Free Standing Building
Amount:
$775,000
Last Verified:
Oct 08, 2024

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Highlights


Description

Introducing a prime investment opportunity! This 9,300 SF free-standing building, previously a pharmacy, is ideally located in Roscommon just off the exit from I-75. Zoned for commercial use, the property offers a versatile space for retail operations or other commercial ventures. With ample square footage and flexible layout options, this building presents an attractive prospect for businesses seeking a property with visibility and flexibility. Don't miss the chance to capitalize on this prominent commercial space with significant potential. Also available for lease.

This 9,300 SF free-standing building, previously a pharmacy, is ideally located in Roscommon just off the exit from I-75. Zoned for commercial use, the property offers a versatile space for retail operations or other commercial ventures. With ample square footage and flexible layout options, this building presents an attractive prospect for businesses seeking a property with visibility and flexibility. Don't miss the chance to capitalize on this prominent commercial space with significant potential. Also available for purchase.

South side of N Fifth St just south of Edna St.


Year Built: 1992
Building Size: 9300sq ft
Lot Size: 0.54 acres

Units for Lease

425 N Fifth St
Space Available: 9300 SF
Lease Type: NNN

Price Per Sqft/Month: $10.00

Map of 425 N 5th St, Roscommon, MI, 48653

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.