13025 Sheridan

Retail-Commercial for Sale
Catylist Listing ID: 30541286
Property Subtypes: Convenience Store, Free-Standing Building, Other
Building Size (RSF): 4,211 SF
Gross Building Area: See Agent
Gross Land Area: 1.03 Acres
Sale Price: $499,900
Unit Price: $118.71 PSF
Property Use Type: Business
Building Name: Gabe's Grocery
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2020

Overview / Comments

Don't miss out on this turnkey business opportunity! Gabe's Grocery was totally rebuilt from the ground up in 1998 so all aspects of the business, including the underground fuel tanks, are very modern. The building features over 4400 sq ft of retail space. Some of which is not currently in use so there is plenty of room for expansion. This property at the corner of busy M-13 (class A rd) and Burt Rd which is heavily residential in both directions. The store has a steady stream of regular customers that come for fuel, groceries, lottery, tobacco, and much more. Sale includes the 1800 sq ft, 4 bedroom, 2 bathroom house that is on the same parcel (could be rented for approximately $1000 per month) and a 1 bed, 1 bath apt which is currently rented for $600 per month.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: Taymouth Township
Tax ID/APN: 27105312106120
Zoning: COMMERCIAL
Retail Clientele: General, Family, Traveler, Other
Property Visibility: Excellent
Largest Nearby Street: M-13 (Sheridan Road)
Feet of Frontage: 168
Highway Access: M-13
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 4,211 SF
Property Condition: Good
Year Built: 1998
Roof Type: Other
Construction/Siding: Block
Total Parking Spaces: 10
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Zoning Description: Commercial
Lot Frontage: 168
Lot Depth: 259
Water Service: Well
Sewer Type: Septic
Legal Description: W 269 FT OF LOT 6 VICTORY SUB-DIV SEC 31 T10N R5E

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,566 11,883
Median Age: 40.07 39.66
Households: 2,010 4,357

Contact

Photograph of Listing Agent

Denise Ebenhoeh

RE/MAX TriCounty CPIX Member
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