Last Updated: 10/26/2016 3:57 PM
Description for 6728 N Lumberjack Road Riverdale, MI 48877
Great investment opportunity - Post Office. Well kept building with long term tenant. Retail building 100% occupied by the United States Postal Service. USPS has the property leased through July 31, 2016 ($9420/year) with a renewable 5 year lease ($10,380/year). The real estate includes the land and 1,000 sq ft brick building. Located in Riverdale MI 48877. Tenant pays all utilities and even the property taxes are refundable. Owner pays insurance and minimal maintenance. Building has newer air conditioner, furnace, and septic system. Well water and septic on easement. Motivated seller. Showings must be during post office working hours. Notice required. No Land Contract. Cash or bank funded loan only. Agent related to seller.
Septic, Existing Well
Cable TV, Electric, Natural Gas, Telephone
Gas Heat, Forced Air
Exterior / Lot Features
Paved Road, Public Roads
M46 Hwy to Lumberjack Road, south on Lumberjack into Riverdale, just past the Fred Meijer Heartland Trail next to the library.
Listing Price History
Riverdale Real Estate
Riverdale is located in Michigan. Riverdale, Michigan 48877 has a population of 2,521.
The median household income in Riverdale, Michigan 48877 is $38,429. The median household income for the surrounding county is $40,224 compared to the national median of $53,046. The median age of people living in Riverdale 48877 is 40.3 years.
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