Great site ready for redevelopment

Retail-Commercial for Sale
Catylist Listing ID: 29770996
Property Subtypes: Convenience Store, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related
Building Size (RSF): 6,516 SF
Gross Building Area: See Agent
Gross Land Area: 2 Acres
Sale Price: $895,000
Unit Price: $137.35 PSF
Ceiling: 11 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 6,516 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 3/30/2018

Overview / Comments

Great site ready for redevelopment. Located within the Blackman Township DDA, just north of I-94. Great traffic with over 50,000 cars on I-94 and over 22,000 on Airport Rd. Airport Rd is a major shopping and restaurant area in Jackson County. Currently the property is zoned Industrial but is surrounded by Commercial properties. Water assessment has been paid and is ready to be hooked up. Agent can assist with acquiring a liquor licence if needed.
Owner will consider 5 year land contract with 50% down payment.

Additional Details

Nearest MSA: Jackson
County: Jackson
Taxing Authority: Blackman Township
Tax ID/APN: 000-08-29-129-021-00
Zoning: I-1
Market Type: Medium
Retail Clientele: General, Business
Property Located Between: 1-94 and Sheele Dr
Side of Street: West
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: 1-94
Feet of Frontage: 216
Traffic/Vehicle Count: 22,000
Transportation: Bus, Highway
Highway Access: 1-94, 950'
Airports: Jackson County Airport
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Excellent
Year Built: 1963
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 60
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Ceiling Units
Internet Access: Cable
Zoning Description: It currently is Zoned Industrial. It has commercial to the north, south and east of it and commercial would be the best reuse of the property.
Lot Frontage: 218
Lot Depth: 400
Water Service: Municipal, Other
Sewer Type: Municipal
Easements: Electric Lines
Land Ownership: Owned

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,106 46,150 79,456
Median Age: 39.61 36.39 37.34
Households: 3,193 19,278 29,797


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