240 Covered Village, Belding, Ionia County, MI

Listing description

What the seller provided

CITY OF BELDING BELDING URBAN RENEWAL REPLAT NO 1 LOT 3 COVERED VILLAGE UNIT NO 21 Property is a condominium unit in a commercial Plaza in Belding called Covered Village. Indoor/Outdoor Entrance and exit in a Plaza style mall. Formerly a fitness center this has enough square footage to probably be any commercial venture you choose! Open floor plan leaves lots of ideas and possibilities. I could see restaurant, fitness center, office space, fun center, lots of options. Inside the place needs work for sure but it's not terrible. Just a little ripped up from the last owners. The basement is a full gut. Looks like they've been dealing with water issues for quite some time and there is evidence water probably got 5 feet high were better, What's the Johnny Cash song? 5 feet high and risin'! Good news is the foundation looks solid from what I can see. This is a vastly large commercial building and I'm sure it was built to last. Right now they have a tiny sump pump running water directly out to the parking lot out the front door. Not sure it can keep up with the supply but there's definitely some water issues going on. Roughly one inch of standing water with lots of damage down here. Overall the place needs cleaned up and the basement needs addressing. This could be a great business opportunity for the right investor!

Record details

County

Ionia

Parcel #

403-200-000-100-00

Local unit

CITY OF BELDING

Delinquent taxes

$817

State equalized value

$13,400