Receiver's Sale: Absolute Auction

603 Quincy St Hancock, MI 49930

603 Quincy St, Hancock, MI, 49930
603 Quincy St, Hancock, MI, 49930
FOR SALE Auction Property
Property Type:
Mixed Use
Cap Rate:
Last Verified:
Jan 27, 2024

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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: 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 3% Broker Co-Op

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Map of 603 Quincy St, Hancock, MI, 49930

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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."

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