Mason County Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30753205
Property Subtypes: Convenience Store, Mixed Use, Other
Building Size (RSF): 2,024 SF
Gross Building Area: See Agent
Gross Land Area: 2.77 Acres
Sale Price: $349,000
Unit Price: $172.43 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

This property would make an ideal location for a gas station. It is a busy corner with a high traffic count that includes very many lake-going boat owners in need of recreational gas.
Ranch Home, Garage with active business, Barn on 2.77 acre lot zoned commercially (see zoning doc) right across from the popular Hamlin Grocery servicing Hamlin Lake tourism and full time residents is now for sale. Excellent high traffic corner with two-way stop and 3 entries from the roadways. It is the opportunity you have been waiting for to realize the American dream of being a small business owner in one of the most sought-after townships and vacation areas in Michigan. The small tool and die operation is in demand and ready to go with all the equipment and training available to get you started. First, you will have to decide if you would like to improve the house a bit and live in it or turn that into solid rental income. The potential to make money is around every corner here. One look at the iconic barn on this property's 2.77 acres will give you ample ideas as well. It is prime for a suite or man cave conversion. Some business and accounting documents are
available with a signed nondisclosure agreement. Must have an appointment to go onsite and pre-approval of funds available for a commercial loan or cash. Home is 1200 sq ft, pole barn with business is 1536 sq ft, Gambrel style barn is 768 sq ft. All information from tax documents.

Attachments & Media

Additional Details

Nearest MSA: Ludington
County: Mason
Taxing Authority: Hamlin Township
Tax ID/APN: 5300702402400
Zoning: C
Retail Clientele: General, Business, Other
Property Visibility: Good
Largest Nearby Street: US 10
Feet of Frontage: 700
Highway Access: Within 6 Miles
Airports: Within 5 Miles
Site Description: 80% wooded Busy Corner location
Area Description: High traffic tourist
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 2,024 SF
Property Condition: Good
Year Built: 1948
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: Home is vinyl, barn is wood, pole barn is wood
Total Parking Spaces: 6
Parking Type: Surface
Parking Description: Gravel
Heat Type: Natural Gas
Interior Description: Home needs new septic system
Zoning Description: see attached document
Lot Frontage: 400
Lot Depth: 300
Water Service: Well
Sewer Type: Septic
Legal Description: 00702402400 S 300FT OF W 300FT OF SW 1/4 OF SW 1/4 SEC24 T19N R18W 2.09A M/L & 00702402900 0.68A M/L

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,445 15,649
Median Age: 46.91 44.96
Households: 974 6,639

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