Former VFW Hall and Redevelopment Land for Sale - Roseville, MI

Retail-Commercial for Sale
Catylist Listing ID: 29984465
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Parking Facility, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 14,719 SF
Gross Land Area: 3.16 Acres
Sale Price: $1,200,000
Unit Price: $81.53 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former VFW Hall
Usable Size (USF): 14,719 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/2/2017

Overview / Comments

This former VFW Hall of Gratiot Avenue in the heart of Roseville is available for sale. It can be used as-is for a banquet facility or the 3.16 Acre property is prime for redevelopment. The 14,719 SF hall is equipped with a stage, two banquet areas, two kitchens, six multiple-stall restrooms, walk-in freezer, coat room, covered entrance, and multiple office and storage rooms. Located less than 1 mile south of I-696 and less than 2 miles west of I-94, the site has great accessibility. And its position on busy Gratiot Avenue, across from Kroger, Kmart, and Save-A-Lot, make it ideal for any retail, office, senior housing, storage, etc. redevelopment.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 14-20-304-020
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Frazho Road and 10 Mile Road
Property Visibility: Excellent
Largest Nearby Street: Gratiot Avenue
Feet of Frontage: 250
Traffic/Vehicle Count: 53,000
Highway Access: I-696 less than 1 mile north of subject; I-94 less than 2 miles south of subject
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 14,719 SF
Property Condition: Average
Year Built: 1948
Parking Type: Surface
Zoning Description: B-3; General Business
Lot Frontage: 250
Legal Description: ASSESSORS PLAT NO 8 PART OF LOT 13 & 14 DESC AS BEG AT SE SD LOT 13; TH N72*73'W 200 FT, TH S25*01'01"W 59.91 FT, TH N72*11'36"W 202.41 FT, TH N02*23'12"W 271.42 FT, TH N86*44'04"E 238.11 FT, TH S66*13'02"E 314.48 FT, TH S25*00'26"W 250.06 FT TO POB

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,373 186,861 399,397
Median Age: 37.34 38.99 38.16
Households: 9,220 75,340 157,936


Photograph of Listing Agent

Vicki Gutowski

Gerdom Realty & Investment Not a member of CPIX
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