Entity Owned Property summary
This exceptional industrial property in Flint, Michigan, presents a unique opportunity for expansion or relocation. The offering encompasses two buildings totaling 16,370 square feet on a 0.95-acre lot. The first building, a 7,500-square-foot retail/office space, features a large showroom, executive offices, four bathrooms, and the potential for division into individual suites. Additional storage is also included. The second building is a fully heated and insulated 8,680-square-foot warehouse, ideal for various industrial uses. This warehouse boasts 12-foot overhead doors, three furnaces, a restroom, energy-efficient LED lighting, a 26x10 loft area, hot water, and a newly installed roof. Smart security and smart thermostats enhance efficiency and security. Internal partition doors allow for flexible zoning, dividing the space into three distinct areas as needed. Both buildings feature new exterior paint. The property also includes a substantial concrete parking lot providing ample parking. Benefit from excellent visibility and signage on a Class A road with a daily traffic count of 9,500 vehicles. Conveniently located just 2.5 miles from I-69, this property offers unparalleled access to major transportation routes. This is a turnkey opportunity for businesses seeking a strategic location and substantial space to grow. Priced at $1,300,000.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Specialty Food Shop
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Clothing & Fashion Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Flint market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
C-2 HWY COMM · Flint, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C-2 HWY COMM in Flint, MI.
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