Investment opportunity and great location with 200 ft road frontage on N. Sate Rd (M15), just north of the City of Davison, high traffic count, and zoned Commercial/Industrial. The property has 2.75 acres with an existing 8,000 sq ft building generating income with an existing lease. The return on investment is an 8-cap rate. This listing is for Real Estate only. The current tenant is a Heating and Cooling Sales and Service business. The building contains 1600 sq ft of Office and Showroom space, and 6,400 sq ft of Warehouse space. Built in 2003.
General Information
Sale Price: $1,399,000
Price/SqFt: $175
Status: Active
MLS#: rcomi20240081495
City: richfield twp
Post Office: davison
Schools: davison
County: Genesee
Acres: 2.75
Lot Dimensions: 200.00 x 600.00
Size: 8,000 sq.ft.
Acreage: 2.75 est.
Year Built: 2003
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $2,332 Est. Winter Taxes: $9,326
