Listed by New Michigan Realty
$525,000
Downtown Chesaning Liquor Store with Apartments Above
Details
Property Type Mixed Use, Retail
Sub Type Convenience Store, Pharmacy/Drug
Square Footage 10,069
Cap Rate 9.00%
Occupancy 80%
Price per SqFt $52
Former Liquor Store with FF&E Included
Marketing description
❖Former Liquor Store FF&E Included
❖SDM Beer/Wine License Included
❖Owner operated Laundromat
❖Apartment 1 is paying $450 monthly rent(Below Market)
❖Apartment 2 is paying $450 monthly rent(Below Market)
❖Apartment 3 & 4 are vacant
❖Liquor Store space potential rent is $2,500 monthly
❖Laundromat potential rent is $1,000 monthly
❖Sale Price: $550,000
Listing Contacts
Listed by New Michigan Realty
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