Awesome Investment Opportunity!!

Retail-Commercial for Sale
Catylist Listing ID: 30023816
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.40 Acres
Sale Price: $540,000
Unit Price: $54 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Purchase Money Mortgage, Owner Financing, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 10/20/2017

Overview / Comments

This Property is a 10,000 sf. retail center that is currently vacant, constructed in 2010 and basically been unoccupied since construction in St. Johns, Michigan. It has ample frontage and parking along US 27. Additional highlights of this property is that the south end is built out for a restaurant with a drive through and there is currently a tenant willing to sign a 5-10 year lease for 3,000 sf. upon someone purchasing this property.

It is located at 2311 Old US 27 near the New Walmart and across from the Old K-mart.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Clinton
Tax ID/APN: 030-022-200-045-00

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,805 10,724 10,724
Median Age: 39.26 37.83 37.83
Households: 1,188 4,175 4,175


Photograph of Listing Agent

Justin Miller

Keller Williams Commercial
CPIX Member
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