Receiver's Sale: Absolute Auction

200 Michigan St Michigan Street Hancock, MI 49930

200 Michigan St Michigan Street , Hancock, MI, 49930
200 Michigan St Michigan Street , Hancock, MI, 49930
FOR SALE Auction Property
Property Type:
Mixed Use
Amount:
$1
Cap Rate:
0.00%
Last Verified:
Oct 30, 2024

Daily Email Blast
0 times


Keen-Summit Capital Partners LLC has been retained by the Receiver of Finlandia University, Patrick O’Keefe and O’Keefe and Associates Consulting, LLC, to act as Receiver’s real estate advisor, in the sale of 5 real estate assets. The properties are being sold through an Absolute Auction and will be sold to the high bidder regardless of price, subject to Court approval. Bid Deadline: November 30, 2023 | Auction: December 7, 2023 Auction Website: https://www.keen-summit.com/project/receivers-sale-absolute-auction-finlandia-university/ Auction Properties: 1. Jutila Center: 200 Michigan, St, Hancock, MI: Multi-tenant condo building with 9 floors (4th floor not being sold), waterfront view, and adequate parking 2. Old Main: 603 Quincy St, Hancock, MI - Historic building last used as office space with a large meeting room and kitchen, previously a dormitory and classrooms; 8,835 sf sf. with adequate parking. 3. 3.96 acre lot 4. 1-acre lot 5. 1-acre lot


Additional URLs

Map of 200 Michigan St Michigan Street , Hancock, MI, 49930

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.