11522 Davis St, Grand Blanc, MI 48439

This property, situated on the corner of Davis Street and Grand Blanc Road in the heart of downtown Grand Blanc, presents numerous opportunities. The location, just one street off the main light in town, combines two parcels into one. The building, previously a salon for decades, is ready for a new venture. Potential uses include a 4-6 unit multi-family apartment building. The large, open floor plan features different levels and ample storage. Two middle walls in the lower level are non-load bearing and can be removed. Additional bathrooms are plumbed under the northeast corner. The building is equipped with two newer furnaces, along with a 2-year-old furnace and AC unit dedicated to the upstairs apartment. It also includes two AC units and three hot water heaters. The property has two separate basements, one partially finished, both with new drain tiles and sump pumps. A large 2-bedroom apartment is located above the salon, featuring one full bath, private side entrances, vaulted ceilings, and balconies off both bedroom sliding doors. This apartment is currently leased to a long-term tenant. A large parking lot is in good condition, and a handicap ramp leads to the front door. The property has a walk score of 70, indicating it is very walkable, and a bike score of 50, making it bikeable. Projected incomes and rent are based on 6 units at $1200-$1500 a month. Financials are based off of just the 2 bedroom apartment on the 2nd floor.