2710 Court St Flint, MI 48503

Property Details for 2710 Court St

Year built

1968

Lot size

1.20 lot acres

Property size

16,720 SF

Property type

Commercial real estate

APN

40-14-332-027

APU

4014332027

Description

This exceptional mixed-use property, Glendale Hills Suites, presents a compelling investment opportunity in Flint, Michigan. Located at 2710 W Court St, this highly visible building sits at the corner of Court and Bradley Streets, offering excellent exposure. The 16,720 square foot building, constructed in 1968, features 16 individual suites, each with convenient ground-level access and separately metered gas and electric. This ensures efficient utility management and potential for individual tenant billing. Ample parking is available for tenants and visitors, enhancing the property's appeal. Security is further enhanced by recorded video surveillance. Recent improvements include a new roof installed in 2022 and updated front entry overhead siding in 2023, demonstrating proactive maintenance and enhancing curb appeal. The property boasts a 6.05% cap rate, a $36,282 NOI, and is currently 70% occupied, presenting immediate income and potential for future growth. The asking price is $525,000, translating to $31.40 per square foot. The property is classified as Class C and is offered for sale by owner. The APN is 40-14-332-027. This turnkey investment is ideal for a savvy investor seeking a strong return in a desirable location. The property's diverse suite configuration caters to a variety of tenants, including medical offices, storefronts, and traditional office spaces. This presents a unique opportunity to acquire a well-maintained, income-producing asset with significant upside potential.

Location Insight

City

Flint

County

Genesee

State

Michigan

Longitude

-83.7249

Latitude

43.0073

CBSA code

22420

CBSA name

FLINT, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments