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380 Cross Oaks Boulevard
$775,000
Favorite
9,925
square ft

380 Cross Oaks Boulevard

Otsego Twp, Michigan 49080
Closed / MLS #66014022706 / Commercial / Mixed Use / Otsego Twp
Listing information updated 1/26/2023 at 2:45pm
Located in the heart of Plainwell's main retail corridor of M-89, this retail center benefits from close proximity of many major retailers such as Walmart, Meijer, Walgreens and Home Depot. 100% occupied by four tenants at market rate leases; the property offers an investor a great opportunity to purchase a building that has been meticulously maintained with many recent capital improvements. Priced at $885,000 or $89.17/SF the building generates $87,100 after reserves representing a cap rate of 9.84%.

Full Features

Lot Size:
0.89 acres
Acreage:
0.89
Built:
1980
Roof:
Composition
Zoning:
Other

Taxes & Assessments

Tax Amount:
$11,855
Tax Year:
N/A

Location

Zip Code:
49080
City:
Otsego Twp
County:
Allegan

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$291,570
Average Sale Price
28
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 380 Cross Oaks Boulevard, Otsego Twp, MI 49080

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380 Cross Oaks Boulevard is a commercial / mixed use which sold for $775,000. This commercial / mixed use has been listed on @properties Detroit since March 26th, 2014 and was built in 1980.