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: 9/20/2016

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
Zoning: B-3; GENERAL BUSINESS
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 (Feet): 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
© 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.