Redevelopment Opportunity

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30745923
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Vehicle Related, Other
Building Status: Proposed
Building Size (RSF): 2,048 SF
Gross Building Area: See Agent
Gross Land Area: 1.37 SF
Sale Price: $750,000
Unit Price: $366.21 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Redevelopment Opportunity 1.37 Acres
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/20/2021

Overview / Comments

Redevelopment Opportunity of two parcels totaling 1.37 Acres located directly across from Sparrow hospital . Parcel 200-080-500-011-00 is currently Tasty Twist ice cream and is zoned commercial and parcel 200-080-500-032-00 currently has a house with a pole barn and is zoned Commercial with a current residential use. This prime location has approximately 340' of frontage and has endless possibilities for redevelopment and located on the edge of downtown Charlotte and minutes of Highway 69 .

Additional Details

Nearest MSA: Lansing-East Lansing
County: Eaton
Taxing Authority: Charlotte
Tax ID/APN: 200-080-500-011-00 / 200-080-500-032-00
Zoning: COMMERCIAL
Retail Clientele: General, Business
Property Located Between: Lawrence and Lansing St
Property Visibility: Excellent
Largest Nearby Street: Lansing St
Feet of Frontage: 340
Highway Access: Highway 69
Airports: Lansing Regional - Fitch H Beach Municipal
Site Description: Two Parcels totaling 1.37 Acres that currently has tasty twist ice cream and the other parcel has a house with a pole barn
Total Number of Buildings: 3
Number of Stories: 2
Parking Type: Surface
Lot Frontage: 340
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Parcel 1: COM AT SW CORNER LOT 2, NE ALONG E LINE OF LANS. ST 19 FT, SE AT R/A ST 23.33 FT TO S LINE LOT 2, W 30.15 FT TO BEG. ALSO LOTS 3 & 4. SUNRISE ADD CITY OF CHARLOTTE 1976 Parcel 2: LOTS 1 & 2 EXCEPT COM SW CORNER LOT 2, NE ON E LINE LANSING ST 19 FT, SE AT R/A 23.33 FT TO S LINE LOT 2, W 30.15 FT TO BEG. SUNRISE ADDITION, CITY OF CHARLOTTE 1982

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,861 11,776 19,670
Median Age: 35.39 37.58 38.37
Households: 2,438 4,670 7,618

Contact

Photograph of Listing Agent

Kenneth Burton

Keller Williams Commercial
CPIX Member
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