10205 SAGINAW

Hospitality for Sale
Catylist Listing ID: 28853702
Number of Units: See Agent
Building Size (RSF): 16,700 SF
Gross Building Area: See Agent
Sale Price: $7,000,000
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Auto City Speedway
Name of Establishment: Auto City Speedway
Franchise Parent Name: Privately Owned
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/27/2016

Overview / Comments

1320X1320X1320X1320

Financials

Finance Data Year 2016
Net Operating Income $0 (Annual)
Potential Rental Income $0 (Annual)
Gross Operating Income $0 (Annual)
Down Payment $0
Finance Data Year 2015
Net Operating Income $0 (Annual)
Potential Rental Income $0 (Annual)
Gross Operating Income $0 (Annual)
Down Payment $0

Additional Details

Nearest MSA: Flint
County: Genesee
Tax ID/APN: Unknown
Market Type: Large
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: Just North East OF I-75 Saginaw Road Exit
Side of Street: Southwest
Property Visibility: Excellent
Largest Nearby Street: M-54 (Saginaw) and I-75
Feet of Frontage: 1,320
Transportation: Airport, Taxi, Other
Highway Access: M-57, M-54 and I-75
Airports: Flint Bshop
Site Description: 40 acre Site with 1/2 mile and 1/4 mile lighted, black top track. Bleachers, VIP stands, Souvenir concession buildings, Bar Building, Food Building, Tire Sale Building, Two Story Office Building, Hundreds of parking Spaces in Gravel Lot.
Area Description: WONDERFUL VERY HIGH VOLUM CASH RECEPT BUSINESS. INCLUDES ALL LICENSES, REAL ESTATE AND EQUIPTMENT. A GREAT MONEY MAKER! COMMISSION TO BUYER'S AGENT 2.5%. CALL LISTING ASSOCIATE BROKER FOR DETAILS.
Total Number of Buildings: 6
Number of Stories: 2
Property Condition: Good
Year Renovated: 2010
Roof Type: Other
Construction/Siding: Aluminum Siding, Block, Brick/Aluminum Siding, Concrete, Other
Exterior Description: Different Types Of Construction for the various buildings.
Parking Type: Surface
Parking Description: Approximately 10 Acre Parking Area
Heat Type: Natural Gas
Heat Source: Central, Other
Air Conditioning: Other
Internet Access: Cable, DSL
Interior Description: Some out buildings have cement floor, offices have tiled and carpeted floors
Lot Frontage (Feet): ~1000 Feet
Lot Depth: ~1600 Feet
Sewer Type: Septic
Easements: Utilities
Easements Description: Standard
Land Ownership: Private
Legal Description: 08271 - Vienna Twp Land Use: 201 - COMMERCIAL, IMPROVED Legal Description: A PARCEL OF LAND BEG N 1835.88 FT FROM S 1/4 COR OF SEC TH CONT N 827.29 FT TH E 1678 FT TH S 29 DEG E 587.7 FT TH S 61 DEG W 200 FT TH S 29 DEG E 180 FT TH N 61 DEG E 200 FT TH S 29 DEG E 184.14 FT TH W 425.52 FT TH S 1 DEG 07 MIN W 222 FT TH N 88 DEG 53 MIN W 478 FT TH N 43 DEG 53 MIN W 313.95 FT TH N 88 DEG 53 MIN W 1008.36 FT TO PL OF BEG & A PARCEL OF LAND BEG S 89 DEG 30 MIN 29 SEC E 535.2 FT FROM INT 1/4 COR OF SEC TH CONT S 89 DEG 30 MIN 29 SEC E 918.91 FT TH N 70 DEG 11 MIN 23 SEC W 156.22 FT TH N 74 DEG 02 MIN 20 SEC W 167.98 FT TH S 87 DEG 46 MIN 10 SEC W 252.37 FT TH N 89 DEG 30 MIN 29 SEC W 256.4 FT TH SWLY ALONG C/L OF BOUTEL DRAIN TO PL OF BEG SEC 25 T9N R6E (01) FR 18-25-200-005 & 18-25-400-020

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,237 22,824 50,700
Median Age: 43.72 40.14 39.34
Households: 483 9,404 19,777
© Copyright Commercial Property Information Exchange (CPIX). All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.