See all 3 photos
$725,000
Est. payment /mo
11,965 SqFt
Active
3058 N State Rd ( M-15) Davison, MI 48423
UPDATED:
09/12/2024 03:09 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 11,965 sqft
Price per Sqft $60
Subdivision Mi
MLS Listing ID 70412569
Year Built 1980
Annual Tax Amount $13,000
Tax Year 2024
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 186 x 473
Property Description
Retail Income Generating Plaza on Busy State Rd (M-15 ) Growing Corridor. Richfield Township , Davison Mail and Schools , 7 Spaces Holding Six Longer Term Tenants .most leases in place with modest Annual bumps Return on Investment should be approximately 8.55 CAP , Proof of Funds for Min. 350k Down Payment or Bank Letter of Credit and Confidentiality Agreement Required for Rent roll and Financials . CB Zoning Ordinance Avail. Upon Request .
Location
State MI
County Genesee
Area Richfield Twp (25015)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Waterfront No
Roof Type Composite
Building
Structure Type Frame,Wood
Others
Ownership Other/See Remarks
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX Classic