3102 S Dort Hwy Flint, MI 48507

Property Details for 3102 S Dort Hwy

Year built

1955

Lot size

0.56 lot acres

Property size

10,512 SF

Property type

Commercial real estate

APN

41-20-430-041

APU

4120430041

Description

This exceptional mixed-use property, located at 3102 S Dort Hwy in Flint, Michigan, presents a compelling investment opportunity. The 10,512 square foot building, constructed in 1955, sits on a 0.56-acre lot and boasts a single story design. Currently generating $2,950 in monthly income from seven tenants, this property features a recently updated roof and facade, ensuring long-term value. The high traffic count and ample parking provide significant advantages for both existing and future tenants. The property is zoned for commercial use, offering flexibility for a variety of businesses. A liquor store currently occupies one unit, demonstrating the potential for diverse tenant occupancy. Land contract terms are available with a $150,000 down payment, 8% interest, $3,000 monthly payment, and a 60-month balloon payment. The asking price is $399,999, with an owner's listed price of $450,000. This property is in excellent condition and represents a strong return on investment. The price per square foot is $38.05. This is a rare opportunity to acquire a well-maintained, income-producing property in a high-traffic location. Don't miss out on this chance to secure a profitable investment in a thriving Genesee County market. The property's zip code is 48507.