Seize this rare opportunity to own a well-established business in a prime location! This package includes a thriving party store, and a 4 unit rental property, making it a versatile investment. Development and Gas station plans have been approved! So much potential!! A;A;Beer & Wine & Hot Foods store: A… Read More staple in the community for decades, this liquor store has a loyal customer base and is positioned for continued success. A;A;Rental Properties:A;- Tri-plex: Three studio apartments that provide steady rental income.A;- Storage Building with Studio Apartment: Additional studio apartment enhances the rental portfolio.A;A;Current rental rates are strong, with potential for increased revenue based on standard market rents in the area.A;A;Future Development Potential:A;An approved development plan is in place to remove the existing homes and build a gas station, offering excellent growth and diversification opportunities. Additionally, there is an option to purchase the neighboring auto shop, further expanding the business possibilities. Auto shop will be needed to build gas station. A;A;Prime Location:A;The property is ideally situated near great complementary businesses, fire stations, schools, and parks. This strategic location ensures a steady stream of customers and tenants, enhancing the overall appeal and potential of the investment.A;A;Don't miss out on this exceptional investment opportunity combining a beer & wine & hot foods store, diverse rental properties, and significant future development potential. Contact us today to learn more and schedule a viewing. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Community Choice Realty Inc Thomas Dado (248) 729-0011.
Listing Snapshot
Days Online
509
Last Updated
Property Type
Commercial
Square Ft.
2,184
Lot Size
0.16 Acres
Year Built
1973
MLS Number
20240060942
30 Days Snapshot Of 48060
$203k
+15%
(avg) sold price
34
-5%
homes sold
68
+28%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 1973, 2,184 total square feet, 2,184 main square feet, 0 office square feet, Unit count: 0, Block
Foundation
Slab
Water Features
Natural Gas, Public (Municipal)
Heating
Natural Gas
Lot
Lot size area: 0.16, Lot size dimensions: 55.00 x 124.00
Miscellaneous
Gross scheduled income: $1,300,000, Monthly sales: $108,000, Net operating income: $0, Operating expense: $0, Business And Real Estate
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