Commercial Development Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30613164
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Movie Theatre, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 2,376 SF
Gross Land Area: 2.35 Acres
Sale Price: $289,900
Unit Price: $122.01 PSF
Ceiling: 8 ft.
Property Use Type: Investment
Usable Size (USF): 2,376 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2020

Overview / Comments

Commercial 2.35 acres on M-59 in Howell located less than a mile from the I-96/M-59 intersection. This is an area of rapid growth and development. Zoning allows for; retail, box stores, motor vehicle sales and leasing, service establishments, medical, dental, veterinary clinics and hospitals. restaurants, hotels, shopping centers. Special use permits allow for Gasoline stations, auto service, drive through restaurants and retail, commercial kennels. Zoning information in Document section. Building on property was once residential, then used as animal rescue and care facility. Sewer and water available at Road. Assessment to be assumed by purchaser.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Livingston
Submarket/Township: Howell/Brighton Area
Taxing Authority: Howell Township
Tax ID/APN: 0627100008
Zoning: RSC REGIONAL SERVICE COMMERCIAL
Retail Clientele: General, Family, Traveler
Property Located Between: M-59 West of Michigan Ave. and East of Grand River on M-59 (Highland Rd.)
Property Visibility: Excellent
Largest Nearby Street: Grand River
Feet of Frontage: 189
Traffic/Vehicle Count: 30,000
Highway Access: Less than 1 Mile to M-59 & I-96 Intersection
Airports: 500 Ft to Livingston County Airport
Site Description: Great commercial location, one of the last stops before I-96 going West on M-59.
Area Description: High growth area with lots of development and new construction
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,376 SF
Property Condition: Average
Year Built: 1967
Year Renovated: 2011
Roof Type: Arched
Construction/Siding: Brick/Vinyl Siding
Exterior Description: Single story building originally residential use, converted to animal rescue and care facility in 2011. Well built brick/vinyl on a crawl.
Parking Type: Surface
Parking Description: Parking would be determined by use.
Sprinklers: None
Heat Type: Propane
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Previous use animal rescue and care facility
Zoning Description: Regional Service Commercial
Lot Frontage: 189
Lot Depth: 515
Water Service: Well
Sewer Type: Septic
Easements: Ingress/Egress, Utilities
Easements Description: In Documents
Land Ownership: Private
Legal Description: In Office

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 16,190 35,492
Median Age: 38.02 37.79
Households: 6,558 13,587
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