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$174,500   Price Analysis
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401 E Railway St
Coleman, MI 48618
3 bed 2 bath 1,600 SqFt ($109/SqFt)
0.26 acre lot. Built 1945
Listed 2024-05-10
USDA Eligible
near Coleman, MI
 

A fantastic opportunity in downtown Coleman.

This unique property offers a commercial bulding with over 2, 200 ft, formerly an auto mechanic shop, as well as a 1, 600 ft home on the same property. Open your business and live in the back or generate rental income from each space individually. The home features 2 main floor bedrooms, 2 main floor bathrooms one of which has a jetted tub, plus an upper level room used as an additional bedroom.

Don't forget the 12x13 screened in porch. The shop sits on a prime corner lot on the main street through town. It has an office, reception space, bathroom, storage room and the two bay shop section with newer overhead doors, LED lighting and a large air compressor all plumbed in and ready to go. The shop has a newer rubber roof and the main portion of the house also has newer shingles. Lots of possibilities with this one, don't miss out.


Presented by Preston Bovee at
HOMEWATERS, LLC.


Property MLS #1922102 from NGLRMLS

Bedrooms: 3
Bedroom 1 Dimensions: 15 x 12
Bedroom 2 Dimensions: 10 x 10
Bedroom 3 Dimensions: 23 x 10
Bedroom 1 Level: Main Floor
Bedroom 2 Level: Main Floor
Bedroom 3 Level: Upper Floor

Total Bathrooms: 2
3/4 Bathrooms: 2
Bathrooms On Main Level: 2
Primary Bathroom Description: Shared

Jetted Tub
Skylights

Refrigerator
Oven/Range
Dishwasher
Washer
Dryer
Laundry Features: Level: Main Floor

Fireplace Features: Electric
Heating Fuel: Natural Gas
Forced Air

Dining Room Dimensions: 12 x 9
Dining Room Level: Main Floor
Kitchen Dimensions: 12 x 13
Kitchen Level: Main Floor

Living Room Dimensions: 16 x 9
Living Room Level: Main Floor

Screened Porch
Roads: Blacktop

Corner Lot
Lot Description: Metes and Bounds
Lot Size Acres: 0.26
Lot Size Dimensions: 87x120
Lot Size Square Feet: 11326

Driveway: Gravel
Garage Spaces: 2

Association: No
Calculated Total Monthly Association Fees: 0

School District: Coleman Community School Distric

Coleman Elementary School is a public elementary school located approximately 0.5 miles away.
directions icon Map directions

Coleman Junior/Senior High School is a public middle and high school located approximately 0.8 miles away.
directions icon Map directions

Annual Tax Amount: 2269
Source Listing Status: Active
County: Midland
Directions: US 10 to Coleman, Sixth to Railway, East to property
Source Property Type: Residential
Township: City of Coleman
Zoning: Commercial
Property Subtype: Single Family
Source System Name: C2C

Listed 2024-05-10
$174,500
NGLRMLS
Listed 2024-05-10
$174,500
Midland
Listed 2024-05-09
$174,500
ClareGladwin

Total Square Feet Living: 1600
Year Built: 1945
Above Grade Finished Area: 1600
Building Exterior Type: Wood
Construction Materials: Frame
Foundation Details: Crawl Space
Property Age: 79
Roof: Asphalt
House Style: 1.5 Story, A-Frame

Sewer: Municipal
Television: Cable TV
Water Source: Municipal
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.