Downtown Corner Property with
For Sale
$674,900
11522 Davis St, Grand Blanc, MI 48439
Corner property in downtown Grand Blanc with apartment and parking.
Days on Market99
Property Features for 11522 Davis St
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1920
Listing Agency:
(810) 252-6749
Listed By:
John T Sedlarik · License #6501387823
(810) 252-6749
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 12:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John T Sedlarik
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Prime downtown location: Corner lot, one street off main street, offering high visibility and accessibility.
- Development potential: Suitable for a 4‑6 unit multi‑family apartment building or other business ventures.
- Income‑generating apartment: Includes a leased 2‑bedroom apartment with vaulted ceilings and balconies, providing immediate rental income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
668
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48439, MI
51,719
Population
22,101
Households
2.3
Avg Household Size
41
Median Age
43%
College-Educated
96%
High-School Grad
54.5 sq mi
ZIP Area
949
Density / Sq Mi
$88,505
Median Household Income
$47,506
Median Earnings
$1,035
Median Rent
$250,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Corner property in downtown Grand Blanc with apartment and parking.
Where is this storefront property located?
The property is located at 11522 Davis St Grand Blanc, MI.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: Prime downtown location: Corner lot, one street off main street, offering high visibility and accessibility.; Development potential: Suitable for a 4‑6 unit multi‑family apartment building or other business ventures.; Income‑generating apartment: Includes a leased 2‑bedroom apartment with vaulted ceilings and balconies, providing immediate rental income.
