Davison city- Multiple uses on busy State Rd

Retail-Commercial for Sale
Catylist Listing ID: 30050284
Property Subtypes: Mixed Use, Street Retail, Vehicle Related, Other
Building Size (RSF): 2,640 SF
Gross Land Area: 0.58 Acres
Sale Price: $209,000
Unit Price: $79.17 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/10/2018

Overview / Comments

This multiple use building offers a great opportunity to own a completely remodeled commercial building in Davison on busy State Rd with 18,000 cars a day driving by. This multi use building is presently used as a custom Granite Shop for a local custom builder who is in the process of moving the business to a larger space in Davison due to the exposure he received in this location. The main building is presently used as a display and showroom. The second floor features an apartment that generates $8,220.00 in rent a year. The paved lot has 26 parking spaces and is lighted. The second building has 1,280 sq. ft. and is rough plumbed for an additional bath.

Additional Details

Nearest MSA: Flint
County: Genesee
Taxing Authority: City of Davison
Tax ID/APN: 5203300018
Zoning: C-3
Retail Clientele: General, Business
Property Visibility: Excellent
Feet of Frontage: 180
Traffic/Vehicle Count: 18,000
Highway Access: M-15
Airports: Flint Bishop
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 2,640 SF
Property Condition: Good
Year Built: 1900
Year Renovated: 2012
Roof Type: Gable
Construction/Siding: Vinyl Siding, Other
Exterior Description: Metal-Vinyl
Total Parking Spaces: 26
Parking Type: Surface
Parking Description: Paved
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Interior Description: Presently used as a custom Granite and Kitchen center
Zoning Description: C-3
Lot Frontage: 180
Lot Depth: 140
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Legal Description: A PARCEL OF LAND BEG AT W 1/4 COR OF SEC TH S 87 DEG 42 MIN W 200 FT TH S 02 DEG 42 MIN 23 SEC W 179

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,468 25,127 52,270
Median Age: 38.71 38.49 39.98
Households: 1,597 10,706 20,849


Photograph of Listing Agent

Ronald Walczak

© Copyright Catylist. 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.