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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1970 N Evergreen Dr , White Cloud, MI 49349
$1,100,000
Est. Payment: $2,444.44/mo
0 Bed
4 Bath
7000 Sqft
Status: Active | Days on site: 2
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1146 - w495011902,w495000260
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House Description

Dual-Property Investment Opportunity on M-37. 1970 & 1944 N Evergreen. Two high-yield properties sold together on M-37, offering immediate cash flow and major commercial upside. Totaling ~7,200 sq ft apx of structures, this package prices out at a highly competitive $153sq ft. Property 1: The White House (.5 Acres) 2,500 sq ft apx. covered area residential home fully updated in the last 6 months. Features a 6' fenced yard and prime M-37 frontage. Fully rented, generating $1,500/mo. Property 2: Mixed-Use Hub (1.75 Acres) High-visibility corner lot at M-37 & Monroe with room for a business sign. 4,700 sq ft across 2 business spaces & 2 apartments (brand-new interiors; 1 unit finishing up). Current income $1,700/mo with a verified potential of $4,000/mo. Zoning & Potential: Zoned residential with a commercial overlay. Already township-approved for immediate operations, Wilcox Township ordinance allows for 30-40 different business types. Turnkey, cash-flowing, and ready for your vision.

Highlights

Listed by Tracy Kehr , 989-996-1797 and Judy Maike , 231-519-1435 Greenridge Town & Country Real , 231-519-1435.

Property Type

Commercial Sale

Lot/Acreage
2.37

Year Built

1962

County

Newaygo

School District

White Cloud

Listing ID

26032906

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:4
Other:
  • Additional:Broadband
Water:Well

Exterior Features

Garage Capacity:20
Roof:Metal
Sewer:Septic Tank
Principal Interest
$2,444
Taxes
$304

Home Price

$1,100,000

Loan Details

30 yrs
%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,444.44 $303.50 $0.00 $2,747.94
Yearly $29,333.33 $3,642.00 $0.00 $32,975.33
Total $880,000.00 $109,260.00 $0.00 $989,260.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (White Cloud, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.