Sale/Lease back opportunity!!

Retail-Commercial for Sale
Catylist Listing ID: 30525197
Property Subtypes: Convenience Store, Day Care Facility, Garden Center, Mixed Use, Post Office, Restaurant, Retail-Pad, Street Retail, Other, General
Building Size (RSF): 1,012 SF
Gross Building Area: 1,150 SF
Gross Land Area: 0.02 Acres
Sale Price: $100,000
Unit Price: $98.81 PSF
Ceiling: 8 ft.
Property Use Type: Business
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/14/2021

Overview / Comments

Building has 2 designated parking spots included in CAM and 2 separate entrances for convenience. Plenty of parking in shopping center lot. Newer roof with warranty in place for 12 more years. Hot water heater 2 years old. Very good lighting. CAM charges for shopping center $58 bucks a month. Potential for a small retail space, small salon, eyebrows, studio, accounting firm, phone store...

The 2 units have tenants in them currently leasing.

Financials

Finance Data Year 2008
Real Estate Taxes - Annual($) $30,939 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 36th/44th St Corridor
Tax ID/APN: 41-18-20-479-009
Zoning: COMMERCIAL MON-C
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Largest Nearby Street: Kalamazoo
Highway Access: I-96 M6
Airports: Gerald Ford International
Site Description: Lot 3 * Towne and Country Shopping Center.
Area Description: DIRECTIONS: Kalamazoo at 44th St.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,012 SF
Property Condition: Good
Year Built: 1956
Roof Type: Flat
Construction/Siding: Brick
Parking Description: Lots of ample parking in shopping center with designated spots right in front of back entrance!
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,883 106,580 245,801
Median Age: 37.5 34.58 33.87
Households: 6,207 41,742 91,309
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