72 E Michigan Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30050296
Property Subtypes: Free-Standing Building, Retail-Pad
Building Size (RSF): 12,447 SF
Gross Land Area: 5.44 Acres
Sale Price: $430,000
Unit Price: $34.55 PSF
Ceiling: 12 ft.
Property Use Type: Investment
Usable Size (USF): 12,447 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2018

Overview / Comments

This Dollar General Anchored asset located in Galesburg, Michigan makes for an excellent investment for any Buyer seeking immediate cash flow and long-term upside. Dollar General serves as a primary retail provider for this small Michigan community. They have occupied since 2003.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Galesburg City
Tax ID/APN: 390724226091
Zoning: C-2
Retail Clientele: General, Family, Business, Traveler
Property Located Between: W Battle Creek & McBeth
Property Visibility: Excellent
Feet of Frontage: 180
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Year Built: 2004
Construction/Siding: Aluminum Siding, Brick
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lot Frontage: 180
Lot Depth: 1316.13
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,009 7,817 21,389
Median Age: 35.69 39.97 40.11
Households: 766 2,940 8,080


Photograph of Listing Agent

Matt Callander, CCIM

Callander Commercial CPIX Member
Photograph of Listing Agent

Sandy Edwards, CCIM

Callander Commercial CPIX Member
© 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.