3058 N State Rd ( M-15) Active

Davison,MI 48423

$ 725000

- Bed

6 Baths

11965 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,965 sqft

Price per Sqft $60

Municipality Richfield Twp

Subdivision 2 Acres Metes And Bounds

MLS Listing ID 24030112

Full Baths 6

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 Genesee County - 10

Direction 69 to M-15 (N) to 3058 N. State Rd on (E) Side , Just N. of otter Rd .

Interior

Heating Forced Air

Inclusions Other, Real Estate

Exterior

Utilities Available Sewer Available,Natural Gas Available,Electricity Available,Natural Gas Connected

Waterfront No

View Y/N No

Roof Type Composition

Building

Foundation Slab

Sewer Septic System

Water Well,Public

Structure Type Wood Siding

New Construction No

Schools

School District Davison

Others

Tax ID 1634300035

Ownership Trust

Acceptable Financing Cash

Listing Terms Cash

View More
Favorite Go Tour