Catylist ID: #30017818
Retail-Commercial for Sale
|Catylist Listing ID:||30017818|
|Property Subtypes:||Free-Standing Building, Tavern/Bar/Nightclub, Other|
|Building Size (RSF):||11,000 SF|
|Gross Building Area:||12,000 SF|
|Unit Price:||$22.72 PSF|
|Property Use Type:||Investment, Business|
|Sale Terms:||Cash to Seller|
Overview / Comments
The building itself is nearly 13,000 square foot. This structure originally was a bowling alley. The building was purchased 3.5 years ago and has had significant improvements.
The structure currently has 1 tenant, Curves. The structure has shared bathrooms, and has 2 dressing rooms for the Curves members.
The structure has all new electrical throughout the building, all new HVAC units, consisting of a 10 ton unit (located in Jerseys), a 6 ton unit (located in Curves), and a 5 ton unit (Located in the multi-use room). The storage area, restrooms and foyer has electric heaters for comfort. All the original bowling lanes are still in the building. The Curves and Multi-use room incorporate the original lanes with dark cherry accents. The Jerseys side has the old gutters filled in with plywood and carpet installed on the top side. The building has a rented water softener installed, ad the roof has had repair to ensure it is in good shape.
Curves has been in business in Tecumseh Michigan for nearly 15 years and owned for the last ten years by us. The Curves area is approximately 4,000 SF and incorporated two entire workout circuits, fully equipped with the Curves Smart monitoring system, two stretching machines, etc. Curves has a great reputation and an established membership base.
Curves also has use of the multi-use room. This is a 1,600 SF room that can be used to teach Zumba, Yoga, dance, or host specific parties. The room offers privacy and has its own sound system.
This building also has several rooms in the back portion of the building that can be used for storage.
|Tenant Business Name||Curves|
|Industry Type||Arts, Entertainment, and Recreation|
|SF of Space Occupied||4,000 SF|
|Tenant Notes||Curves has been in business in Tecumseh Michigan for nearly 15 years and owned for the last ten years by us. The Curves area is approximately 4,000 SF and incorporated two entire workout circuits, fully equipped with the Curves Smart monitoring system, two stretching machines, etc. Curves has a great reputation and an established membership base.|
|Taxing Authority:||Tecumseh City|
|Retail Clientele:||General, Recreation|
|Property Located Between:||Macon and Burt|
|Largest Nearby Street:||M-50|
|Feet of Frontage:||128|
|Highway Access:||US-12 North 5 minutes|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Typical SF / Floor:||12,000 SF|
|Heat Type:||Natural Gas|
|Air Conditioning:||Package Unit|
|Proximity:||1 mile||3 miles||5 miles|
Patrick J. Hoffman, CCIMHoward Hanna CPIX Member
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