Former Convenience Store on M-30

Retail-Commercial for Sale
Catylist Listing ID: 29837163
Property Subtypes: Convenience Store, Street Retail, Other
Building Size (RSF): 3,200 SF
Gross Building Area: See Agent
Gross Land Area: 2.10 Acres
Sale Price: $115,000
Unit Price: $35.94 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2016

Overview / Comments

Formerly operated as a convenience store and meat market. Excellent corner location on M-30 for easy customer access and exposure. All equipment, fixtures and coolers are included in the sale price. Great opportunity! Reduced from $130,000.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $5,491 (Annual)
Tax Value Land $78,300
Assessed Value - Total($) $78,300 (Annual)
Finance Data Year 2015
Real Estate Taxes - Annual($) $5,679 (Annual)
Tax Value Land $93,000
Assessed Value - Total($) $93,000 (Annual)

Additional Details

Nearest MSA: Midland
County: Midland
Taxing Authority: Jerome Township
Tax ID/APN: 080-001-100-045-00
Market Type: Small
Retail Clientele: General, Family, Traveler
Road Type: Paved
Property Visibility: Excellent
Feet of Frontage: 368
Highway Access: US-10
Typical SF / Floor: 3,200 SF
Property Condition: Good
Year Built: 1968
Roof Type: Hip
Heat Type: Natural Gas
Heat Source: Baseboard
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Septic


Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,032 14,228
Median Age: 46.45 44.04
Households: 1,256 5,682

Contact

Photograph of Listing Agent

Sandra J. Covaleski, CCIM

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