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Erin Raetz

erin@raetzteam.com +1(586) 996-8410

$674,900

Est. payment - /mo

3,294 SqFt

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Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 3,294 sqft

Price per Sqft $204

Subdivision Assrs 1 Grand Blanc

MLS Listing ID 20261010750

Year Built 1920

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type RealEstateOnly

Property Description

Lots of opportunities with this location that has two parcels combined into one in the heart of downtown that is just one street off the main light in town and sits right on the corner of Davis and Grand Blanc Rd. What was an operational salon for decades and now is ready to become the newest best thing to Downtown Grand Blanc. Maybe a 4-6 multi-family apartment building? Incomes and rent posted are projected at 6 units at 1200-1500 a month. Just look at this Large open floor plan with different levels and tons of storage. Two middle walls in lower lever are non load bearing and can be removed. Additional bathrooms are plumed under the North East corner. Building has 2 newer furnaces, along with the upstairs apartment having a 2 yr old furnace and AC for its own use. It also has 2 AC units, 3 Hot water heaters and much more. Building has 2 separate basement's with one being partially finished. Both have new drain tiles and sump pumps reassuring a dry basement every spring. Large 2 bedroom apartment above the salon and has 1 full bath and private side entrances. Vaulted ceilings and balcony off both bedroom sliding doors. Currently leased with long time loyal lessee. Large parking lot that is in wonderful condition. Handicap ramp to front door. Nothing left to do other than set up shop or make it into your dream business you have always wanted to start, in the heart of Grand Blanc. 24 hour notice to show. Salon is closed Sunday and Mondays. Showings work best those days and anytime in the early morning or early evening after hours. Financials are based off of just the 2 bedroom apartment on the 2nd floor.

Location

State MI

County Genesee

Area Area08142Grandblanc

Interior

Heating E N E R G Y S T A R Qualified Furnace Equipment, Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

View Y/N No

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Grand Blanc

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20261010750

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Listed by Tommy McHale of The Sedlarik Group Realty LLC

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Erin Raetz

+1(586) 996-8410

11522 Davis ST Grand Blanc, MI 48439

Erin Raetz

Key Details

Location

Interior

Exterior

Building

Schools

Others

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