10224 Conant St Hamtramck, MI 48212-3919
- Grocery and convenience stores
- 3,265 SF
- 0.10 lot acres
May 30, 2023
Current Use by Public Records
- Grocery and convenience stores
Property Details for 10224 Conant St
- Year built
- 1930
- Lot size
- 0.10 lot acres
- Property size
- 3,265 SF
- Property type
- Grocery and convenience stores
- APN
- 41 008 02 0121 302
- APU
- 41008020121302
Description
This exceptional Hamtramck, MI industrial property presents a unique investment opportunity. Spanning 3,265 square feet on a 0.1-acre lot, the property boasts a successful, established business with over 30 years of operational history. The sale includes the existing business and its inventory, providing immediate revenue streams. Adding to the profitability, two residential units generate consistent rental income, further enhancing the return on investment. A recently leased garage adds another layer of income potential. Private parking is available on the property, offering ample space for tenants and business operations. The property is located at 10224 CONANT, Hamtramck, MI. This turnkey operation offers a rare chance to acquire a well-established business with significant rental income potential, all situated in a prime location. The seller is open to selling the real estate separately from the business, offering flexibility to potential buyers. This is an exceptional opportunity for investors seeking immediate returns and long-term growth. The asking price for this complete package is $590,000.
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
- Hamtramck
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0518
- Latitude
- 42.4017
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
