Downtown Grand Blanc Building for Sale! 11528 S Saginaw St

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30811019
Property Subtypes: Mixed Use, Restaurant, Other
Status: Pending
Building Size (RSF): 2,880 SF
Sale Price: $350,000
Unit Price: $121.53 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Building Name: Jimmy Johns
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/2/2022

Overview / Comments

Outstanding Grand Blanc investment! National franchisee Jimmy Johns tenant and additional income from the office space on the second floor! This location has everything you want, high traffic count, great demographics and location. Gross rents are $4200 per month. Land contract terms are available and the terms are $50,000 down payment, 9% interest, $2,500 a month payment, and a 3 year balloon. A rare opportunity to make a strong investment in downtown grand blanc! Hurry!

Additional Details

Nearest MSA: Flint
County: Genesee
Tax ID/APN: 25-56-15-501-047

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,321 50,825 98,381
Median Age: 37.78 37.06 37.5
Households: 3,162 20,311 39,578

Contact

Photograph of Listing Agent

Scott Myers

RE/MAX Platinum
CPIX Member
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