40 W 6th St.

Retail-Commercial for Sale
Catylist Listing ID: 30151295
Property Subtypes: Convenience Store, Free-Standing Building, Other
Building Size (RSF): 6,005 SF
Gross Building Area: See Agent
Gross Land Area: 0.40 - 0.50 Acres
Sale Price: $798,000
Unit Price: $132.89 PSF
Ceiling: 12 ft.
Property Use Type: Investment, Business
Building Name: Cenzo's
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/11/2017

Overview / Comments

It's upscale in a totally charming ambiance. Inviting presentation of produce, bakery, homemade foods from a full-service commercial kitchen, quality meats, cheeses, specialty grocery items - all complimented by a superb wine & beer selection. Add to this, a terrific location across from a marina in the heart of Pentwater. The building is built to accommodate two stories of 4-6 condominiums that will overlook Pentwater Lake. Owner can create a home and a business or an investment property of both retail & waterfront residential development. The business has been in operation since 2004 & enjoys a profitable bottom line with a growing consistent customer base. Call L.A. Financial information is available upon signed Confidentiality Agreement. Sale of real estate & business, SDD/SDM, FF&E.

Additional Details

Nearest MSA: Ludington
County: Oceana
Taxing Authority: Pentwater Village, Oceana County
Tax ID/APN: 044-679-004-50
Zoning: COMMERCIAL
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Located Between: N Hancock & Carroll
Property Visibility: Excellent
Largest Nearby Street: N. Hancock
Feet of Frontage: 128
Highway Access: Hwy US 31, Exit 154, 2.7 miles west
Site Description: street retail with lake view, easy ingress/egress. walkable
Area Description: From US-31: Exit 154, take W Monroe (Bus 31) west to 6th St. to the village. Property located on the right just east of N Hancock.
Tenancy: Single Tenant
Total Number of Buildings: 1
Typical SF / Floor: 6,000 SF
Property Condition: Good
Year Built: 2004
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Poured concrete
Total Parking Spaces: 15
Parking Type: Surface
Parking Description: Asphalt
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: well planned floorplan
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee simple
Legal Description: 40 E 6TH ST WD9911830 ESMT-L2004P16565 ESMT-L2004 P21268 ESMT-L2007P2286 ESMT-L2010P13166 SPL FR 004 & 005 IN 78 VILLAGE OF PENTWATER - BLK 9 E 62 FT OF LOT 4 & W 66 FT OF LOT 5- PLAT C SUBJ TO ESMTS.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,568 1,568 3,450
Median Age: 59.38 59.38 50.41
Households: 788 788 1,508
© Copyright Commercial Alliance of REALTORS West Michigan. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.