REDUCED M-20 Two Story 8,360 SF Building Built in 2014

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30787049
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 8,360 SF
Gross Building Area: See Agent
Gross Land Area: 2 Acres
Sale Price: $495,000
Unit Price: $59.21 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2022

Overview / Comments

Beautifully constructed and well engineered in 2014 with the first floor of 6,000 SF and upper of 2,360 SF on 2 acres. The first floor was built to accommodate three entrances for three suites with built-in headers for entrances, thermostats and electrical. Upper floor has two thermostats, restroom with shower and kitchen with outside and inside stairway access. A security system is installed with 8 cameras on the first floor. Well insulated with spray foam and well lit. There is a double door access on the west end allowing a jeep size vehicle to fit through. Approximately 272 feet of frontage on M-20 for great exposure and easy access.
Zoned for office, retail and service type businesses.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $6,703 (Annual)
Tax Value Land $140,464
Assessed Value - Total($) $158,600 (Annual)
Finance Data Year 2021
Real Estate Taxes - Annual($) $6,654 (Annual)
Tax Value Land $135,977
Assessed Value - Total($) $155,800 (Annual)

Additional Details

Nearest MSA: Mount Pleasant
County: Isabella
Taxing Authority: Greendale Township
Tax ID/APN: 030-016-200-410-00
Zoning: C-2 NEIGHBORHOOD COMMERCIAL
Property Visibility: Excellent
Feet of Frontage: 272
Number of Stories: 2
Typical SF / Floor: 6,000 SF
Property Condition: Excellent
Year Built: 2014
Roof Type: Gable
Construction/Siding: Metal Siding, Wood Frame
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Neighborhood Commercial
Lot Frontage: 272
Lot Depth: 320
Water Service: Well
Sewer Type: Septic
Land Ownership: Owned
Legal Description: SEC 16 T14N R2W COM 249.65 FT S & N 84D 58M E 132 FT FROM NW SEC COR, TH N 84D 58M E 320 FT, S 02D 07M W 272.25 FT, S 84D 58M W 320 FT, N 02D 07M E 272.25 FT.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,734 1,734 5,833
Median Age: 38.95 38.95 36.02
Households: 652 652 2,123

Contact

Photograph of Listing Agent

Sandra J. Covaleski, CCIM

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