401 S Main St

401 S Main St Eaton Rapids, MI 48827

401 S Main St, Eaton Rapids, MI, 48827
401 S Main St, Eaton Rapids, MI, 48827
FOR SALE
Property Type:
Restaurant
Amount:
$318,000
Last Verified:
Jan 05, 2024


Description

Introducing a rare and lucrative investment opportunity in the heart of Eaton Rapids, Michigan!

Presenting a meticulously maintained, single-tenant Subway restaurant with a long-term lease in place, offering the savvy investor a stable income stream and potential for excellent capital appreciation.

This Subway restaurant has recently undergone the latest interior update, ensuring a modern and inviting ambiance for customers. The revitalized interior showcases Subway's commitment to quality and innovation, providing an exceptional dining experience that keeps patrons coming back for more. With a spacious and efficiently designed layout, it offers both dine-in and take-out options, catering to a diverse customer base.

Investors will appreciate the security and peace of mind that comes with a long-term, NNN lease arrangement. With the tenant responsible for property taxes, insurance, and maintenance, you can enjoy a truly passive income stream while benefiting from the growth potential of this thriving community.

Eaton Rapids, known for its close-knit community and steady economic growth, provides a stable foundation for your investment portfolio.

South of State Street
West of M-50.
North of Broad Street.
East of S. River Street.
All in Eaton Rapids, MI.


Year Built: 1955
Building Size: 2100sq ft
Lot Size: 0.17 acres

Map of 401 S Main St, Eaton Rapids, MI, 48827

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.