Sold: 414 Boyne City Avenue Boyne City, MI 49712

MLS: 459746 - $229,000

DOWNTOWN BOYNE CITY! Large 4 unit multifamily investment property is available for sale! Great location in downtown Boyne City! Just a block away are all the shops, restaurants and the marina and the beach is nearby! Could make a great Airbnb property! There are 3 one-bedroom units and one two-bedroom. There is a 2.5 car garage also available for additional storage. (Click here to see all Commercial Real Estate for Sale in Northern Michigan)

Live in one unit and rent the remaining units out! Several units have had recent updates. There is a large fenced in yard your tenants can enjoy. Natural gas has been metered separately. Electric has not. Could easily be metered…

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Triple Net Lease – A Guide to Commercial Leasing: Unbeatable Insights + 10 Tips

Discover everything you need to know about Triple Net Lease terms, costs, benefits, and best practices.

Triple Net Lease agreements are a cornerstone of modern commercial real estate, providing landlords and tenants with clear responsibilities and predictable expenses. In this guide, we’ll explore what a Triple Net Lease entails, its benefits, key considerations, and tips to negotiate favorable terms.

What Is a Triple Net Lease (NNN Lease)?

A Triple Net Lease (often abbreviated as NNN Lease) shifts the major property expenses—property taxes, insurance, and maintenance—onto the tenant. Unlike a gross lease where the landlord covers all operating expenses, under an…

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