Heather Hosking - Arterra Realty Logo
$845,000
( $125.93Per Sq Foot )
 $4,536 est/mo Sourced by Back At You

314 Eastman Avenue,Midland, MI 48460

Midland, MI 48460

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Description

PACKAGE OF (4) LEASED INVESTMENT PROPERTIES NOW REDUCED!! $845,000 7.5% CAP RATE!! FOR SALE: (4) LEASED MULTIFAM/COMMERCIAL INVESTMENT PROPERTIES! CALL BROKER FOR ALL THE DETAILS AND FOR THE MARKETING BROCHURE. PLEASE DO NOT APPROACH TENANTS! There are (4) addresses for this package sale. All properties to be sold together- no separate sales! 314 Eastman- Zoning Office Service (office on street level- apartment upper level, 507 W. Buttles (RES Duplex but currently used as a single fam residence- Zoning Office Service), 501 W. Buttles (RES Duplex but currently used as single fam residence- Zoning Office Service), 421 W. Buttles (RES Duplex- used as Single fam home- Zoning Office Service). All are currently leased! Keep the revenue of the leases while you wait for redevelopment opportunities in Downtown Midland- Great location!! Highly visible Investment as you travel down M-20 (BUTTLES) to the downtown area where the Dow Diamond is located, East End, several offices, retail and multiple restaurants, including the ZINC CAFE and the H Hotel, upscale dining and accommodations which is just around the corner from this Investment. Note on the opposite end of the street where Buttles and Jerome meet there is a very popular gas station- see additional details for potential redevelopment of the downtown area. INVESTORS: CAP RATE IS 7.5% Great location! Well maintained! All are leased now, they all have been consistently leased through the many, many years the owners have had the properties.Upside potentials, Call BROKER for additional details. Thank you!

Details

MLS #50214652
Listing TypeFor Sale
StyleCommercial,1 To 4 Units,house,in
Sub-TypeResale
StatusActive
Year1906
Days On Site90
Listing Provided ByTrademark Commercial Group | Gretchen Witherspoon

Features

SQ Feet6,710
Zoning1-2 Multi,Mixed Use,Commercial,R
Acreage0.46

Other

List AorMidland Board of REALTORS

Area Information

StateMI
CountyMidland
CityMidland
Zip Code48460
AreaMidland (56020)
Listing VS Median (in 48460)
Price:
$845,000
low | high
Med:
$319,900
100% of Average
sqft:
6,710
low | high
Med:
1,900
100% of Average
$ / sqft:
$126
low | high
Med:
$168
16.30152600436% of Average
On site:
90
low | high
Med:
76
100% of Average
Sourced by Back At You

Market Activity 48460

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Additional Information

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Learn More About This Property

Heather Hosking

Heather Hosking

Arterra

432975 (586) 489-7725heather.hosking@arterrarealty.com
StateMI
CountyMidland
CityMidland
Zip Code48460
AreaMidland (56020)
Listing VS Median (in 48460)
Price:
$845,000
low | high
Med:
$319,900
100% of Average
sqft:
6,710
low | high
Med:
1,900
100% of Average
$ / sqft:
$126
low | high
Med:
$168
16.30152600436% of Average
On site:
90
low | high
Med:
76
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $633K - $1.56M
sqft: 5,000 - 8,000
Nearby Listings Property ImageNearby Listings Details
314 Eastman Avenue Property Photo 1
$845,000
314 Eastman Avenue
Midland, MI 48460
314 Eastman Avenue Property Photo 1
$845,000
314 Eastman Avenue
Midland, MI 48460
Listing Updated: September 29, 2026 at 4:46:03 AM PDT