Four-Unit Commercial Income
122 GREELAND RD Ontonagon, MI 49953
New
For Sale
$159,900
MULTI_FAMILY - Ontonagon, MI
Property Size2,400 SF
Lot Size0.59 Acres
Price / SF$66.63
Days on Market3
Property Features for 122 GREELAND RD
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Standard status
Active
APN
41 186 006 00
Size
2,400 SF
Lot size
0.59 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1991
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
FLYING EAGLE REALTY LLC
(715) 321-4489
Listed By:
Dan Hafenbredl
(715) 321-4489
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 30 at 9:06AM
MLS# 11906789
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Investment Insights
Based on property information with market context.
This four-unit commercial income property was built in 1991 and originally constructed by the owners as a daycare. The building has since been converted to a four-unit commercial rental and is fully occupied. The property is described as turn-key and well maintained, with a newer roof.
The asset is situated on a large lot with a large parking area intended to support in-and-out traffic. It is centrally located on Greenland Dr. The property is reported to generate $1,200 per month across the four tenants, and it notes a long rental history.
The offering is for a four-unit configuration in a 2,400-square-foot commercial building on a 0.59-acre lot.
The asset is situated on a large lot with a large parking area intended to support in-and-out traffic. It is centrally located on Greenland Dr. The property is reported to generate $1,200 per month across the four tenants, and it notes a long rental history.
The offering is for a four-unit configuration in a 2,400-square-foot commercial building on a 0.59-acre lot.
Key Highlights
- 4‑unit commercial rental in Ontonagon built in 1991, converted from a former daycare
- Approximately 2,400 SF commercial income property with fully occupied tenant units
- Current monthly income noted as $1,200 across the 4 tenants
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four fully occupied units in a converted 1991 commercial building with a newer roof and on-site parking on a large lot.
Where is this quadplex located?
The property is located at 122 GREELAND RD Ontonagon, MI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 4‑unit commercial rental in Ontonagon built in 1991, converted from a former daycare; Approximately 2,400 SF commercial income property with fully occupied tenant units; Current monthly income noted as $1,200 across the 4 tenants
