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: 12/23/2017

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
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
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