4415 Corunna Rd Flint, MI 48532
For Sale
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This exceptional 4,488-square-foot retail storefront, located at 4415 Corunna Rd in Flint, Michigan, presents a unique owner-user investment opportunity. Built in 2003 and extensively renovated in 2023, this Class B building boasts a 100% occupancy rate and sits on a 0.86-acre lot with ample parking for 23 vehicles. The property features a showroom, restrooms, office space, and a storage area with an overhead door. A former drive-thru lane and window remain, offering potential for future expansion or adaptation. The building is zoned C-2 and enjoys a prime location on Corunna Road, experiencing high traffic volume of 14,500 cars daily, less than a mile from I-75. This thriving commercial area includes nearby businesses such as Starbucks, Tropical Smoothie, Walmart, and Home Depot. The sale includes over $100,000 worth of existing inventory. The roof and HVAC systems are in excellent condition. This is a turnkey operation ready for immediate success. Asking price is $950,000 ($211.68/sq ft).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
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