6456 Western Avenue, Glen Arbor Twp, Michigan 49636
$575,000
Property Details
- MLS#: 78080075065
- Bedrooms: N/A
- Bathrooms: N/A
- Square Feet: N/A
- Lot Size: N/A
- Year Built: 1960
- Property Type: BusinessOpportunity
- Transaction: Transaction type unavailable
- Listing Status: Active
Tax and Assessment Information
Tax and assessment information is unavailable.
Description
Here’s an opportunity to own a piece of Glen Arbor and the home of the 49636 Post Office. A 1375 sqft building on a 0.4 acre parcel in the heart of town, directly across from Arts Tavern and just a block from the beach. A new septic tank and pump chamber were installed in 2022 and privacy and decorative fencing and tree cleanup were completed around the same time. The lease rates work out to about the same return as current 10-year treasury bond yields, (and arguably the same low-risk profile) but with the upside of long-term appreciation of the land. The current lease with USPS runs through November 2027 and a new lease has been negotiated but not signed, so the future owner has an opportunity to finalize their own terms.
Location
This property is located in Glen Arbor Twp, Michigan. Glen Arbor Twp is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 6456 Western Avenue?
6456 Western Avenue is listed at $575,000.
How many bedrooms does 6456 Western Avenue have?
This property has N/A bedrooms and 0 bathrooms.
Ask about this property
Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.
Phone: (313) 484-4696
Email: info@sonicrealty.com