350 Main StChelsea, MI 48118

This exceptional mixed-use property, the Commons Building, located at 350 N Main St, Chelsea, MI 48118, presents a compelling investment opportunity. Built in 1907 and extensively renovated in 2006, this Class B building boasts 31,572 square feet across one story, currently operating at 100% occupancy. The property features a desirable Main Street location with ample parking, creating high visibility and accessibility for tenants. The inviting design includes a wide walkway and a soaring ceiling with abundant natural light from a glass-lined section. The tenant mix is diverse and includes Los Tres Amigos Restaurant, Chelsea Community Hospital, and Chelsea Hearth & Fireplace, ensuring a stable income stream. The building's connection to the Clocktower Courtyard further enhances its appeal, offering tenants and patrons access to outdoor seating, a fountain, a gazebo, and convenient walkways to other complex properties. The asking price is $5,395,000, translating to $170.88 per square foot. Seller financing is available. The property's APN is 06-06-12-111-006. This is a net lease investment.