5509 Fenton Road 16074SL

Retail-Commercial for Sale
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: 11/30/2022

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

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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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