1280 Imlay City Rd

    Lapeer, MI 48446
    • $1,599,900
    • STATUS: Active
    • ON SITE: 171 days
    • MLS #: R219019071
    Price Reduced
    UPDATED: 53 min ago
    $1,599,900
    • 0
      BEDS
    • 0.74
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,775
      SQFT
    • $206
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:

    School Ratings & Info

    Description

    Great Opportunity to own a newer 3 unit plaza with liquor store business almost a total of 8,000 square feet. There is an approval of adding a gas station to the location, drawings are included with the sale. Located on a high traffic road with 256' of road frontage The total square footage of the entire building is 7,775 sq. ft, the convenience/liquor store occupies around 4,000 sq. ft of the building, then there are 2 additional rental spaces that are 1,875 sq. ft each. Ample parking accommodating 21+ cars. Great income generating property with over 11% cap. Additional information available upon request and qualification and signing a confidentiality agreement. DO NOT APPROACH OWNERS OR EMPLOYEES OR TENANTS, PLEASE BE DISCRETE! THIS IS A CONFIDENTIAL SALE, ALL SHOWINGS BY APPOINTMENT ONLY.

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    © 2019 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Snyder & Company, Realtors®. Data last updated: 2019-09-15T19:12:26.687.
    www.bhhssnyder.com/homes/93098839

    1280 Imlay City Rd Lapeer, MI 48446

    • Price: $1,599,900
    • Status: Active
    • Updated: 53 min ago
    • MLS #: R219019071
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.74
    Acres
    7,775
    SQFT
    $206
    $/SQFT
    2005
    Built
    Neighborhood:
    Glr Out Of Area
    County:
    Lapeer
    Area:
    Glr Out Of Area
    Property Description
    Great Opportunity to own a newer 3 unit plaza with liquor store business almost a total of 8,000 square feet. There is an approval of adding a gas station to the location, drawings are included with the sale. Located on a high traffic road with 256' of road frontage The total square footage of the entire building is 7,775 sq. ft, the convenience/liquor store occupies around 4,000 sq. ft of the building, then there are 2 additional rental spaces that are 1,875 sq. ft each. Ample parking accommodating 21+ cars. Great income generating property with over 11% cap. Additional information available upon request and qualification and signing a confidentiality agreement. DO NOT APPROACH OWNERS OR EMPLOYEES OR TENANTS, PLEASE BE DISCRETE! THIS IS A CONFIDENTIAL SALE, ALL SHOWINGS BY APPOINTMENT ONLY.
    Exterior Features

    Doors At Grade 0 Foundation Slab Loading Docks 0 Lot Dimensions 256.00X153.00 Parking Spaces 0

    Interior Features

    Air Conditioning Yes Basement No Building Sq Ft 7775.0 Clear Ceiling Height 0.00 Heat Source Gas Heat Type Forced AirGas Office Sq Ft 0 Restrooms 0 Retail Sq Ft 0 Total Sq Ft 7775.0

    Property Features

    Annual Operating Expenses 912909.53 Approx Inventory Amount 0 Associations Realcomp Building Value 0 Certified Year 0 City Or Township City Commercial Subtype Industrial Cost Of Goods Sold 0 Deposit 0.00 Electric Amount 0 Equipment Value 0 Financing Terms Cash Goodwill Amount 0 Gross Income Amount 0 Gross Sales Amount 0 Income Year 0 Janitorial Amount 0 Land Value 0 Lease Amount 0 Legal Description Sec 4 T7n R10e Com On N-S 1/4 Ln At S Ln Of Hwy M21Th Ely Alg Hwy 256 Ft; Th S27*32'45W 141 Ft To N Ln Of Rr R/W; Th Wly Al Less Oper Expenses Amount 0 Maintenance Amount 0 Net Income Amount 187958.47 Ownership Private Owned Present Use RetailService State Eq Value 281900 State Eq Value Year 0 Summer Taxes 0.00 Summer Taxes Year 0 Tax Value 281900 Tax Year 0 Water Amount 0 Water Type Public Winter Taxes 0.00 Winter Taxes Year 0 Zoning Commercial

    Listing provided courtesy of Realty Solutions Of Michigan Inc.


    © 2019 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Snyder & Company, Realtors®. Data last updated: 2019-09-15T19:12:26.687.
     
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    2655 Plymouth Road
    Ann Arbor MI, 48105