281 Lake StRoscommon, MI 48653

For Sale
$339,900

Prime Commercial Property, Excellent Lease

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional commercial property, located at 281 Lake Street in Roscommon, Michigan, presents a compelling investment opportunity. Situated on the corner of M-18 and County Road 100 (Sunset Drive), this property houses the largest post office in Roscommon County. The building is currently under a secure, 4+ year lease with the Federal Government, providing a stable stream of passive income. Recent improvements include a brand new rooftop HVAC system, eliminating any immediate concerns regarding deferred maintenance. The property is classified as both office and land, offering potential for future development or expansion. The building itself is a substantial structure, well-suited to its current use as a post office. Given the long-term lease and the minimal maintenance requirements, this property represents a low-risk, high-reward investment prospect. The asking price is $339,900. Showings are available after 11:00 AM by appointment only. The property's address is 281 Lake Street, Roscommon, MI 48653. This is a rare opportunity to acquire a stable, income-generating property in a desirable location. The property's strategic location at a major intersection ensures high visibility and accessibility. The long-term lease with the Federal Government provides significant security and predictability for future cash flow. This is an ideal investment for those seeking a low-maintenance, high-return asset.

Highlights

  • $339,900 asking price.
  • Office and land property in Roscommon, MI.
  • Located on the corner of M-18 and Co Rd 100 (Sunset Dr.).
  • Features a 4+ year lease with the U.S. Postal Service.
  • Includes a new rooftop HVAC system.
  • No known deferred maintenance.

Location Insight

City
Roscommon
County
Roscommon
State
Michigan
Latitude
44.4941512
Longitude
-84.5974141
281 Lake St, Roscommon, Michigan
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281 Lake St
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