401 E Railway St, Coleman, MI 48618

$174,500 Asking Price

3 beds
2 baths
1,600  sqft
Built in 1945

A fantastic opportunity in downtown Coleman. This unique property offers a commercial building with over 2,200 ft², formerly an auto mechanic shop, as well as a 1,600 ft² home on the same property. Open your business and live in the back or generate rental income from each space individually. The home features 2 main floor bedrooms, 2 main floor bathrooms one of which has a jetted tub, plus an upper level room used as an additional bedroom. Don't forget the 12x13 screened in porch. The shop sits on a prime corner lot on the main street through town. It has an office, reception space, bathroom, storage room, and the two bay shop section with newer overhead doors, LED lighting, and a large air compressor all plumbed in and ready to go. The shop has a newer rubber roof and the main portion of the house also has newer shingles. Lots of possibilities with this one, don't miss out.


Features & Amenities

Interior

General:
Spa/Jetted Tub,Skylights
Appliances:
Dishwasher,Dryer,Range/Oven,Refrigerator,Washer
Heating:
Natural Gas, Forced Air
Fireplace:
Electric Fireplace

Exterior

General:
Wood, Porch

Construction

General:
1 1/2 Story, Crawl

Location

Originating MLS:
Aspire North REALTORS
School District:
Coleman Community School District
County:
Midland

Lot

Zoning:
CITY OF COLEMAN COM AT SW COR LOT 7 BLK 35, TH SELY 86.8 FT, NE 76 FT, SELY 33.4 FT, N TO S LNOF LOT 5, N 57D 39M W 88.85 FT, SWLY 120 FT TO POB; ALSO COM 148.19 FT N 57D 39M W & 87.46FT N & 50.98 FT N 57D 42M W OF SE COR BLK 35, TH N52.55 FT, S 57D 21M E, 170-003-000-870-00

Utilities

Utilities:
Cable Available
Water:
Public Water
Sewer:
Community

Financial

Source:
Aspire North REALTORS

This listing courtesy of:
Homewaters, LLC, Preston Bovee

About Coleman, MI

Housing

Number of Units
2,777
Median Home Value
$111,910
Median Rent
$505

16.80% of housing units are renter occupied.

8.84% are vacant.

Commute

Car
89.23%
Public Transportation
0.63%
Walk to Work
0.43%
Work from Home
8.78%
Other
0.48%

The median travel time to work is 28 minutes.

People

Population
6,111
Median Age
45.40
Median Household Size
2.60

Education

High School
41.73%
Associate’s Degree
9.30%
Bachelor’s Degree
9.76%
Graduate Degree
6.38%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: