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$689,000   Price Analysis
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11894 State Highway M35
Perkins, MI 49872
4 bed 3 bath 2,970 SqFt ($231/SqFt)
5.3 acre lot. Built 1992
Listed 2024-05-24, Taxes $5,296
USDA Eligible
near Perkins, MI
 Restrictions may apply
due to home size

This property has three

Updated and rented residential units, one commercial unit rented to the US Postal Service, the Perkins Store/gas station and unlimited income potential with over 5 acres and approximately 350 feet of State Highway frontage! This apartment complex, gas station, convenience store, deli, propane fill station, liquor store, hardware store has developed multiple income streams to ensure finncial success in an ever-changing world. We have true business beauty here combining the passive income of rentals and the fast-paced, entrepreneurship energy of the Perkins Store!

The Perkins Store is a well-known and well-loved community business that has been around for generations. Looking for a turn-key business venture? Look no further! This sale does include the apartments and the Perkins Store . See also MLS #50143124


Presented by Samantha Kleikamp at
Coldwell Banker Schmidt Escanaba.


Property MLS #50143123 from UpperPeninsula

Bedrooms: 4

Total Bathrooms: 3
Full Bathrooms: 3

Range/Oven
Refrigerator

Heating Features: Forced Air
Heating Fuel: LP/Propane Gas
Water Heaters: Propane Hot Water

Basement Description: Block

Rural
Lot Size Acres: 5.3
Lot Size Dimensions: Irregular
Lot Size Square Feet: 230868

Frontage Length: 350
Roads: Year Round

Parking Features: 3 or More Spaces

Number of Units: 3

School District: Mid Peninsula School District

Mid Peninsula School is a public elementary, middle and high school located approximately 2.2 miles away.
directions icon Map directions

Annual Tax Amount: 5994.5
Source Listing Status: Active
County: Delta
Directions: Take US 2/M35 for 7.8 miles and then take a left at the light onto M35/Fourth Ave N in Gladstone at the Crist gas station. Continue on M35 for 10 miles into Perkins and the property will be on your right directly before the T in the highway.
Tax Year: 2022
Ownership: Private
Source Property Type: Multi-Family
Area: Baldwin Twp (21001)
Source Neighborhood: Baldwin Twp (21001)
Zoning Description: Commercial
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$unknown + $unknown
$142,300
$5,296
2022$unknown + $unknown
$138,100
$4,943
2021$unknown + $unknown
$124,100
$4,785
2020$unknown + $unknown
$127,100
$4,684
2019$unknown + $unknown
$126,800
$4,799
2018$unknown + $unknown
$119,130
$4,705
2017$unknown + $unknown
$125,123
$4,795
2016$unknown + $unknown
$122,232
$5,025
2013$unknown + $unknown
$101,900
$4,992
2010$unknown + $unknown
$105,065
$4,983
2010$unknown + $unknown
$102,902
$4,983
2008$unknown + $unknown
$110,058
$3,703
2005$unknown + $unknown
$96,100
$2,979
2005$unknown + $unknown
$96,100
$2,979
2005$unknown + $unknown
$99,944
$2,979

Listed 2024-05-24
$689,000
UpperPeninsula

Total Square Feet Living: 2970
Year Built: 1992
Building Exterior Type: Vinyl Siding
Foundation Details: Basement
Property Age: 32
Structure Type: 1 to 4 Units
House Style: 2 Story

Electric: 100 Amp Service
Sewer: Septic
Electricity Connected
Phone Available
Water Source: Private Well
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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.