Here’s an opportunity to own a piece of Glen Arbor and the home of the 49636 Post Office. A 1375 sqft building on a 0.4 acre parcel in the heart of town, directly across from Arts Tavern and just a block from the beach. A new septic tank and pump chamber were installed in 2022 and privacy and decorative fencing and tree cleanup were completed around the same time. The lease rates work out to about the same return as current 10-year treasury bond yields, (and arguably the same low-risk profile) but with the upside of long-term appreciation of the land. The current lease with USPS runs through November 2027 and a new lease has been negotiated but not signed, so the future owner has an opportunity to finalize their own terms.
Have you wondered what your home may be worth in today's market? Whether you're considering selling soon or just curious about your property's value, understanding your home's true worth is essential. The real estate market is constantly changing, and online estimates often fail to capture the unique features and local trends that impact your home's value.
Working with an experienced realtor ensures you receive an accurate, professional valuation based on market data, recent sales, and expert insight. A skilled agent will analyze your home's condition, location, and comparable properties to provide a realistic pricing strategy that maximizes your profit and attracts the right buyers. Before making any decisions, let a trusted real estate professional guide you through the process with a comprehensive home valuation. Reach out today to get started!
Listing Courtesy of Coldwell Banker Schmidt-Glen A. 231-334-3006