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2940 Cambria Rd, Hillsdale, MI – Investment & Development Opportunity

2940 Cambria Rd, Hillsdale, MI 49242, USA
Multi-Family$499,900

Description

21,038 sq ft building on 20 acres!  Land Contract Available!

Owner will hold Land Contract with 50% Down.  Development and investment opportunity in Hillsdale MI. Iconic and historic landmark building with the potential for 25 apartments, a hotel, or an Air B&B condo. 20 beautiful acres with wooded areas, pond, cleared areas for gardening and wildlife everywhere yet just outside city limits. The 21,038 sq ft building has a brand new roof and gutter system, functional well with rebuilt well house and huge detached garage. There is a golf course around the corner and the views are outstanding from many of the potential units. Hillsdale is a wonderful and quaint farming community, one of the oldest in Michigan. Hillsdale College supports a steady stream of rental demand. Buyers to be preapproved. Renovations are needed but the potential is there to capitalize on your investment!! 24 HR Notice

 

Learn the history of this iconic building at https://www.hillsdalehistoricalsociety.org/rest-of-the-paupers-story

  • Address: 2940 Cambria Road
  • City: Hillsdale
  • State/county: Hillsdale County
  • Zip/Postal Code: 49242
  • Neighborhood: Hillsdale County
  • Country: United States

Detail

Updated on March 20, 2023 at 8:53 pm

  • Property ID: 22047202
  • Price: Multi-Family $499,900
  • Property Size: 21 Sq Ft
  • Land Area: 20 Acres
  • Bedrooms: 25
  • Bathrooms: 25
  • Year Built: 1900
  • Property Type: Acreage, Commercial, Multi-Family
  • Property Status: Temporarily Off-Market

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Contact info

Ian Volchoff
Ian Volchoff
616.414.5420231.233.1437
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