Opportunity to own a Higgins Lake Landmark!!
Retail-Commercial
for Sale
Catylist Listing ID: |
30811023 |
Property Subtypes: |
Convenience Store, Mixed Use, Retail-Pad, Other
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Building Size (RSF): |
936 SF
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Gross Building Area: |
See Agent |
Sale Price: |
$175,000 |
Unit Price: |
$186.97 PSF |
Property Use Type: |
Business |
Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
Cap Rate: |
Undisclosed |
Last Updated: |
3/6/2023 |
Overview / Comments
This is an opportunity to own a Higgins Lake landmark, Oak Park Grocery. The two lots are located on the corner of Flag Point Dr and E Higgins Lake Dr. The property is currently zoned commercial and includes a 936 sf home with 1 bedroom and 1 bath. Water heater and roof were replaced in 2021 The old store is 1900 sf and hasn't been operational in years, but could be brought back to life and thrive on this busy corner just a few blocks from gorgeous Higgins Lake.
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Additional Details
Nearest MSA: |
Traverse City |
County: |
Roscommon |
Tax ID/APN: |
014-016-013-0420 &004-016-013-0440 |
Property Visibility: |
Good |
Property Condition: |
Good |
Year Built: |
1975 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
1,256 |
2,943 |
4,079 |
Median Age: |
56.3 |
53.95 |
54.63 |
Households: |
611 |
1,363 |
1,918 |
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