• Year Built: 1895
45 N Main St is aretail property for lease in Three Rivers, MI.
Great Investment or owner occupant opportunity in Downtown Three Rivers. This multi-tenanted/mixed use property features a 1st floor commercial space (currently leased) and two nicely finished apartments (2-bedrooms, 1-bath each and fully leased). The basement level is also leased out for storage. Annual gross income is $19,200! Apartment income alone could potentially carry majority of mortgage and expenses. New roof in 2013. Free parking conveniently located on-street and directly behind the building.
3rd floor is currently unfinished and could be renovated into additional apartments. Grants/incentive packages may be available from the Downtown Development Authority or the State of Michigan.