High Traffic Retail/Commercial

Retail-Commercial for Sale
Catylist Listing ID: 30360851
Property Subtypes: Retail-Pad, Service Station/Gas Station, Other
Building Size (RSF): 5,280 SF
Gross Building Area: See Agent
Gross Land Area: 2.40 Acres
Sale Price: $199,000
Unit Price: $37.69 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/28/2019

Overview / Comments

Opportunity within the high-traffic Apple Avenue corridor. Currently the location of a successful small engine repair and outdoor equipment retail operation. The seller has been in business at this location for 19 years and has made several improvements to the building and property during his ownership. The main building consists of over 4,000 SF with a retail section and service/garage area. A 1,200 SF pole building was constructed in 2013 and is used for cold storage of equipment and materials. The rear section of the site is gated and fenced, and the building is equipped with a high-tech security system. An exterior wood burning furnace provides heat to the building; however, natural gas is available to the building. Select items related to the business could be available for sale but are not included within the list price. Excellent location for a retail/service business.

Additional Details

Nearest MSA: Muskegon
County: Muskegon
Tax ID/APN: 6111020400000600
Zoning: C-2
Retail Clientele: Business
Property Located Between: S. Wolf Lake and Parkway Street
Property Visibility: Excellent
Largest Nearby Street: Apple Avenue
Feet of Frontage: 825
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1968
Construction/Siding: Block
Parking Type: Surface
Heat Type: Other
Heat Source: Other
Air Conditioning: Air Curtain
Lot Frontage: 82.5
Lot Depth: 1320
Water Service: Well
Sewer Type: Municipal
Legal Description: E-340 EGELSTON TOWNSHIP E 1/2 OF W 1/2 OF E 1/2 OF W 1/2 OF SW 1/4 OF SE 1/4 SEC 20 T10N R15W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,175 17,136 49,934
Median Age: 37.94 36.41 37.29
Households: 1,592 6,344 17,721

Contact

Photograph of Listing Agent

Bryan D. Bench

CORE Realty Partners
CARWM Member
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