ALPENA PROPERTIES LLC

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MIXED USE SPACE
805 Place
805 W. Chisholm, Alpena, MI  49707
Available for Lease

(Building is available for purchase)

Front Exterior

805 PLACE

IS CONVENIENTLY LOCATED ON W. CHISHOLM STREET, ALPENA, MI

(U.S. 23 North Business Corridor)


STREET PARKING AS WELL AS DEDICATED PARKING IN REAR



4360 Square Feet of Open Space

Ready To Finish To Your Specific Needs

NET NET NET LEASE RATES

Plus

Common Area Management

(Tenant shares heat, electric, taxes, insurance, parking lot, trash pickup, water)


LEASE RATES

Full First Floor

4360 Square Feet
Lease Rate
$1450.00/Month
Long and Short Term Lease Availablility

Divided Space
1950 Square Feet Per Side
$915/Month
Long Term Lease Availability

Leased Space Includes Additional Storage Space in Lower Level

First Floor East Half
First Floor Center
First Floor Looking Across
Facing Back West Half
Facing Back East Half
Layout of Loft Style Apartments

805 PLACE IS AVAILABLE FOR PURCHASE

PURCHASE PRICE $670,000


  • INCLUDES 6 NEWLY CONSTRUCTED APARTMENTS ON SECOND LEVEL
  • ASBESTOS and LEAD ABATEMENT COMPLETED
  • APARTMENT INCOME POTENTIAL ESTIMATED AT $62,600/YEAR
  • SALE PRICE DOES NOT INCLUDE $240,000, NO PAYMENT, GUARANTEED FORGIVABLE LOAN AFTER FIVE YEARS

FOR MORE INFORMATION PLEASE CONTACT

ALPENA PROPERTIES, LLC
 989-356-5539
 OR
TIMM CONSTRUCTION COMPANY, LLC
989-356-4514

REALTORS PROTECTED

 
Alpena Properties LLC
P.O. Box 307
Alpena, MI 49707

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