7441 Genesee Rd Genesee charter Township, MI 48437
- Retail properties
- 15,120 SF
- 3.47 lot acres
Current Use by Public Records
- Retail properties
Property Details for 7441 Genesee Rd
- Year built
- 1985
- Lot size
- 3.47 lot acres
- Property size
- 15,120 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional retail property, located at 7441 N Genesee Road W in Genesee Charter Township, Michigan, presents a lucrative investment opportunity. Boasting a substantial 15,120 square feet of space, this storefront is situated on a generous 3.47-acre lot and is currently listed at $1,300,000, translating to a price per square foot of $86. The property features three units and benefits from a strong net operating income (NOI) of $500,000. Built in 1985, the building is zoned for commercial use, ensuring flexibility and potential for various business ventures. The property's location in Genesee County, Michigan, zip code 48437, offers excellent visibility and accessibility. The current owner, in business for over 40 years, is seeking retirement, making this a unique chance to acquire an established and profitable retail center. The property's Assessed Parcel Number (APN) is 1110200015. This bank-owned, short sale opportunity presents a compelling investment prospect with significant upside potential. The property's size, location, and strong financial performance make it an ideal acquisition for savvy investors seeking a high-return retail investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Genesee charter Township
- County
- Genesee
- State
- Michigan
- Longitude
- -83.6188
- Latitude
- 43.1182
