24001 Groesbeck/24080 Schoneherr

Retail-Commercial for Sale
Catylist Listing ID: 30365115
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 5,190 SF
Gross Building Area: See Agent
Gross Land Area: 0.38 Acres
Sale Price: $1,200,000
Unit Price: $231.21 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: 2 Free Standing Buildings
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/8/2019

Overview / Comments

Tremendous redevelopment opportunity! Two free standing properties sold as package (24001 Groesbeck 2,880 sqft party store & 24080 Schoenherr 2,310 sqft bar).
High visibility, High traffic count. Perfect for gas station with retail drive thru. Large industrial base nearby.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb West
Tax ID/APN: 121325152001/1213152002
Zoning: M-2
Retail Clientele: General, Business
Property Visibility: Excellent
Total Number of Buildings: 2
Year Built: 1946
Roof Type: Flat
Total Parking Spaces: 50
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,265 182,831 483,837
Median Age: 34.89 35.29 37.09
Households: 5,459 69,271 184,664
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