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Property profile & analytics
OFF-MARKET
Commercial land

301 Ross St Beaverton, MI 48612-8160

0.28 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US43-4350893
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.28 ac (12,197 SF)
APN 160-007-200-042-00
UPID US43-4350893
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Beaverton Creamery & Grill Restaurant
  • Beaverton creamery and grill Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
VANHORN DEBRA
VANHORN DEBRA
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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