Catylist ID:
#30811215
| Catylist Listing ID: | 30811215 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Street Retail |
| Building Size (RSF): | 6,000 SF |
| Gross Land Area: | 0.52 Acres |
| Sale Price: | $498,000 |
| Unit Price: | $83 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Vacant/Owner-User |
| Usable Size (USF): | 6,000 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/22/2023 |
Overview / Comments
|
Grand Blanc Township highly visible commercial building on Fenton Rd. one block north of Hill Rd. adjacent to Arby’s, Little Caesar’s and McDonalds. High-volume business district with easy access to I-75/US-23 and I-475 surrounded by local and national businesses. Large windows and wide open areas in this very adaptable 6,000 SF building. Two large rooms currently used as a gym and six rooms to provide private offices. Building features one overhead door and a kitchenette/storage room. Improvements: New Roof on front of Building ($30,000) New Electrical & LED Lighting ($15,000) Updated Furnace Updated Front Restroom Large parking lot and signage with access to Fenton Rd. and to Ransom Dr. Owner wants to cash out but would consider a lease-back of some of the space. 2022 Taxable Value $152,780; 2022 Assessed Value $173,600 2021 Winter Taxes: $2,219.98; 2022 Summer Taxes: $6,638.05 |
Attachments & Media
Additional Details
| Nearest MSA: | Flint |
| County: | Genesee |
| Tax ID/APN: | 25-12-06-551-022 |
| Retail Clientele: | General |
| Property Located Between: | Hill Rd & Maple Rd |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Hill Rd |
| Highway Access: | I-475, I-75, US-23 |
| Airports: | Bishop International Airport |
| Site Description: | On the corner of Fenton Rd and Ransom Dr |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 6,000 SF |
| Property Condition: | Excellent |
| Year Built: | 1991 |
| Year Renovated: | 2002 |
| Roof Type: | Flat |
| Construction/Siding: | Block |
| Total Parking Spaces: | 45 |
| Parking Type: | Surface |
| Heat Type: | Natural Gas |
| Air Conditioning: | Engineered System |
| Zoning Description: | General Commercial |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,304 | 48,361 | 125,041 |
| Median Age: | 36.32 | 36.6 | 37.38 |
| Households: | 4,054 | 20,132 | 51,381 |
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