• Year Built: 1970
223 Division is a mixed-use property for lease in Freeport, MI.
Amazing opportunity for ambitious entrepreneur in small town just outside of Hastings. Family owned since 1970, this business/industrial corner consists of 1200 sf general store,ice cream shop with town`s only gas station,truck scales; 5600 sf milling company with 5 grain bins,grain cleaner, 4 yr old GSI grain dryer, 2800 sf service center pole barn with computerized tire changer,new hoist; L-shaped warehouse with office & additional warehouse with front doors on N. Maple St. Also included are town`s only propane filling station & ATM,bulk feed delivery truck,propane fuel delivery truck,all mill equipment,service center equipment,store/gas station equipment.Store has 2 freezers,4 self-contained coolers,54 built-in coolers,pizza oven,slushy & soft-serv.ice cream machine+more!
TERMS: Cash, Land Contract Terms/$250,000 dn, $2500 mo. 8% interest, 5 year payoff
SPECIAL NOTES: Low grain price this year (half of last year)-great opportunity to dry the bumper crop this year thereby making a good chunk of the purchase price back right away! 1600 bushels pushed thru per hour running on natural gas. Gas station and ATM almost makes the payroll by themselves per owner.
INDIV ELECTRIC METER: Yes.
INDIV GAS METER: Yes.