Corner Free-Standing Convenience Store

Retail-Commercial for Sale
Catylist Listing ID: 30835431
Property Subtypes: Convenience Store, Free-Standing Building, Service Station/Gas Station, Tavern/Bar/Nightclub
Building Size (RSF): 2,600 SF
Gross Land Area: 1.34 Acres
Sale Price: $135,000
Unit Price: $51.92 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/2/2023

Overview / Comments

Retail building currently built-out as convenience store, located on the corner of M-71 and Vernon Rd. Property includes 1.34 acres providing plenty of room for expansion or redevelopments. Located on high trafficked M-71 with quick, convenient access to I-69. Shiawassee County Liquor license available, sold separately.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Shiawassee
Taxing Authority: Village of Vernon
Tax ID/APN: 012-78-029-000
Retail Clientele: General, Family, Traveler
Property Visibility: Excellent
Largest Nearby Street: M-71
Feet of Frontage: 164
Highway Access: I-69
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,600 SF
Year Built: 1960
Year Renovated: 2000
Parking Type: Surface
Lot Frontage: 164
Lot Depth: 357

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,767 5,162 16,751
Median Age: 39.98 38.52 41.5
Households: 683 2,023 6,449


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