301 Ross StBeaverton, MI 48612

  • Land
  • 0.28 AC
For Sale
$175,000 View listing

Property Details for 301 Ross St

Lot size
0.28 AC
Property type
Land
Property subtype
Commercial land
APN
160-007-200-042-00
APU
16000720004200

Description

This well-established industrial property, located at 301 S Ross in downtown Beaverton, Michigan, presents a unique investment opportunity. The 762 square foot building sits on a 0.28-acre lot, enjoying a prime location near schools and directly across from the Beaverton Activity Center, ensuring high visibility and foot traffic. The property is currently configured for food service, featuring a full kitchen equipped to handle a variety of offerings, including ice cream novelties. The business model allows for both seasonal and year-round operation, providing flexibility to the new owner. Recent renovations have significantly upgraded the property, encompassing fresh paint, electrical work, new flooring, a modernized fire suppression system, and a new water heater. Furthermore, the sale includes a suite of new equipment, specifically an ice cream cooler, soft-serve machine, slushy machine, cappuccino machine, caramel machine, and pizza ovens, ready for immediate use. Potential buyers are required to sign a confidentiality agreement and provide proof of funds or a pre-approval letter for financing before receiving detailed financial information. The asking price has been reduced to $175,000, making this an attractive proposition for a savvy investor.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,149,604
    Hospitality
    $1,053,031
    Educational
    $876,109
    Medical
    $906,240
    Retail
    $1,362,837
301 Ross St, Beaverton, Michigan

Location Insight

City
Beaverton
County
Gladwin
State
Michigan
Latitude
43.8802
Longitude
-84.4849

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,361
$41,500
-
$41,500
-
$83,000
-
$83,000

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