Freestanding Retail with Drive Thru

Retail-Commercial for Sale
Catylist Listing ID: 30378130
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 3,190 SF
Gross Building Area: See Agent
Sale Price: $399,000
Unit Price: $125.08 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/20/2019

Overview / Comments

Free-standing building (former Dairy Queen) on 1.69 Acres. Building interior has been recently demoed. Restaurant or development opportunity in the growing area of St. Johns between Lansing and Mt. Pleasant. Excellent visibility with drive-thru and high traffic counts near US127. New hospital development behind property along with significant St. Johns area development in the coming months. Class-C Liquor License for Clinton County also for sale.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Clinton
Taxing Authority: Bingham Township
Tax ID/APN: 030-015-300-090-01
Tenancy: Single Tenant

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,811 10,724 10,724
Median Age: 38.17 37.83 37.83
Households: 1,586 4,175 4,175


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