PRICE REDUCED: Flint Retail Site NWC Maple and Van Slyke Rds.

Retail-Commercial for Sale
Catylist Listing ID: 30171379
Property Subtypes: Mixed Use
Building Size (RSF): 14,280 SF
Gross Building Area: See Agent
Gross Land Area: 4.83 SF
Sale Price: $799,000
Unit Price: $55.95 PSF
Property Use Type: Investment
Sale Terms: Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/3/2018

Overview / Comments

• Potential 10% Cap Investment grocery store ownership anchored 100% occupied; plus development potential on excess vacant land along Maple Rd.
• At the very northwest commercial corner of Maple and Van Slyke Roads in Flint Township (Flint mailing)
• 14,280 sq. ft. multi-tenant commercial building.
• The store reportedly grosses $10,000 per week in-store sales and $5,000 per week in lottery sales.
• Other building tenants include a Karate studio, a hair salon, a pool hall, and a hydroponic store.
• Property sits on 4.83 acres.
• Approximately 2.25 acres of this land is vacant, commercial land, in the vicinity of US-23, I-75, and I-475. Excellent potential location for gas/c-store.

Additional Details

Nearest MSA: Flint
County: Genesee
Tax ID/APN: 07-35-400-023; 07-35-400-024
Property Located Between: I-75 and Van Slyke Rd.
Property Visibility: Excellent
Largest Nearby Street: W. Maple Ave.
Feet of Frontage: 572
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Roof Type: Flat
Total Parking Spaces: 120
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,773 58,216 134,701
Median Age: 42.98 36.99 37.18
Households: 2,553 24,585 55,589


The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.