Bergland, Michigan- Large Commercial building- 12,500 SF -No back taxes
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Item Description


380 North St, Bergland, MI 49910

Great opportunity for investment or for owner occupier – suitable for a wide range of uses.

Sold with clear title , no liens or back taxes.

 

 

Large 12,500 sq ft ex-school building on about 1.46 Acres

Excellent opportunity for owner occupier or for investment with great income potential

The building needs a full rehab but has great potential.

The building has city water and sewer along with its own additional well.

Two storey brick ex-school building , suitable for a variety of uses to include, offices, storage, factory, water bottling plant, subdivision into rental units, apartments, the possibilities are endless.

 

Average Household income :

1 mile: $43,093,  3 mile: $44,988,  5 mile: $44,318


Excellent Value

According to Trulia.com the average listing price for homes for sale in 49910 was $138,900 

 

Low Real Estate Tax:

Low Real Estate Taxes - Ontonagon County Parcel Number: 01-603-001-00

 

Sold AS IS, WHERE IS with clear title and no back taxes.

PROPERTY IS SOLD AS IS, WHERE IS- CLEAR TITLE - NO BACK TAXES - NO LIENS - WARRANTY DEED

Buyer is resposnsible for auction premium of 8%.

Winning bidder must contact the seller within 24 Hours after the close of the auction with full details of the buyer.

Buyer will also be responsible for $500 deed prep and doc fee as well as 8 % premium.10% non-refundable deposit, auction premium and $500 deed preparation and doc fee are due within 48 hours of auction close to be transferred tot he escrow account of the title company who will be handling the title insurance and closing.

Final Payment to be made within 21 days of the Auction close.

All bidders to do their due diligence. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. Buyer must fund escrow for balances due as above or else may be declared in default. Buyers are bound by the Purchase Agreement which is attached under the Due Diligence section. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.

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