Flint Retail Site NWC Maple and Van Slyke Rds.

Retail-Commercial for Sale
Catylist Listing ID: 30171379
Property Subtypes: Mixed Use
Building Size (RSF): 14,280 SF
Gross Building Area: See Agent
Gross Land Area: 4.83 SF
Sale Price: $940,000
Unit Price: $65.83 PSF
Property Use Type: Investment, Business
Sale Terms: Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/16/2017

Overview / Comments

• Potential 10% Cap Investment plus party/grocery store ownership potential; plus development potential on excess vacant land along Maple Rd.
• At the very northwest commercial corner of Maple and Van Slyke Roads in Flint Township (Flint mailing) is a 14,280 sq. ft. multi-tenant commercial building.
• Its tenants include the owner that runs the party/grocery store.
• The store reportedly grosses $10,000 per week in store sales and $5,000 per week in lottery sales.
• Other building tenants include a Karate studio, a hair salon, a pool hall, and a hydroponic store.
• Property sits on 4.83 acres.
• Approximately 2.25 acres of this land is vacant, developable land along Maple Road, in the vicinity of US-23, I-75 and I-475. Excellent potential location for gas/c-store.

Additional Details

Nearest MSA: Flint
County: Genesee
Tax ID/APN: 07-35-400-023; 07-35-400-024
Zoning: COMMERCIAL
Property Located Between: I-75 and Van Slyke Rd.
Property Visibility: Excellent
Largest Nearby Street: W. Maple Ave.
Feet of Frontage: 572
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Roof Type: Flat
Total Parking Spaces: 120
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,773 58,216 134,701
Median Age: 42.98 36.99 37.18
Households: 2,553 24,585 55,589

Contact

Photograph of Listing Agent

Philip A Wojtowicz

CORE Partners CPIX Member
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