524 E Main Street, Lowell, MI 49331
$380,000.00 - Sold
- MLS#: 25038516
- Total Bldgs: 3
- Fin Bldg Lvls: 2
- Type: Retail
- School District: Lowell
- County: Kent
- Taxing Authority: Lowell City
- Year Built: 1865
- Year Remodeled:
- Below Grade: Basement,Partial
- Exterior: Block,Concrete,Wood Siding
- Driveway: Concrete,Gravel
- Parking: 0
- Air: Central Air
- Bldg Sq Ft: 0
- Office Sq Ft: 0
- Retail Sq Ft: 0
- Warehouse Sq Ft: 0
- Other Sq Ft: 0
- Street Type: Paved,Public
- Road Frontage: 528
- Heat: Forced Air/Natural Gas
- Water: Public Water4
- Sewer: Public Sewer5
- Roofing:
- Docks: 0
- Doors: 0
- Ceiling Height: 0
Legal: Lots 4, 5, 6, and 7, Block 13, Avery's Plat.
- Taxable Value: 79,911
- SEV: 194,500
- For Tax Year: 2025
- Annual Property Tax: 0
- Tax Year: 2024
- Homestead %: 0
- Spec Assmt/Tyle: None of Record
- Zoning: Mixed Use
- Tax ID: 41-20-02-432-009
- Lot Size: 132 x 264
- Acreage: .80
- New Construction: No
- Construction Type: Block,Frame/Wood
- Construction Status:
- Addtl Features:
- Uses: Professional Service, Professional/Office, Retail, Storage, Other31
- Util Available: Cable,Telephone
- Util Attached: Electricity Connected,Natural Gas Connected
- Current Use: Vacant
- Terms: Cash, Conventional
- Original Price: 385,000.00
- Directions: SW corner of E. Main St and Jackson
- Property Description: Sold Before Broadcast. Rare investor opportunity! This unique home is currently configured as a 2-unit rental property: 2-BR unit (1,498 sf) and 1-BR unit (724 sf). Also, there is unfinished attic space (approx. 800 sf) that may offer a 3rd rental unit. Included is a small commercial building (346 sf) on the corner of E. Main Street, offering another income-producing opportunity. The parcel totals nearly 1 acre and is zoned Mixed-Use, allowing for a flexible combination of Commercial, Retail, Office, and Multi-Family use. It boasts 528' of public street frontage on 3 sides, with zoning density potential to add new units. There is also a 644 sf storage building. All appliances, furnishings, and personal property to remain with the property.
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