109 N Mill St, Saint Louis, MI 48880

This exceptional commercial property, located at 109 N Mill Street in St. Louis, Michigan, presents a unique investment opportunity. The 6,400 square foot building sits on a 6,969.6 square foot lot and boasts two storefronts in the vibrant downtown area, just south of the Mill and Washington intersection and steps from M46. The property benefits from its strategic location, being three miles from US 127, placing it at the heart of the "Middle of The Mitten." Recent renovations to the north side include new flooring, windows, and exposed tin ceilings, complemented by a newer membrane roof with a lifetime warranty. The building offers 3,200 square feet of unfinished upstairs space, zoned for residential use, with the potential for four apartments. The Michigan Economic Development Corporation offers incentive programs that could fund renovations. This versatile property allows for various uses: operate your business in one storefront and lease the other for immediate income, or develop the residential space. A single-car garage and ample parking further enhance its appeal. The asking price is $149,900, and the seller may consider a land contract. This property's combination of commercial and residential potential, prime location, and recent upgrades makes it a compelling investment.