Listed by The Sedlarik Group Realty LLC
$674,900
11522 Davis Street
Details
APN 5616526001
Property Type Multifamily, Land
Sub Type Apartment Building, Residential
Square Footage 3,294
Units 2
NOI $250,000
Year Built 1920
Acreage 0.340
Multifamily | 2 Units
Marketing description
Lots of opportunities with this location that has two parcels combined into one in the heart of downtown that is just one street off the main light in town and sits right on the corner of Davis and Grand Blanc Rd. What was an operational salon for decades and now is ready to become the newest best thing to Downtown Grand Blanc. Maybe a 4-6 multi-family apartment building? Incomes and rent posted are projected at 6 units at 1200-1500 a month. Just look at this Large open floor plan with different levels and tons of storage. Two middle walls in lower lever are non load bearing and can be removed. Additional bathrooms are plumed under the North East corner. Building has 2 newer furnaces, along with the upstairs apartment having a 2 yr old furnace and AC for its own use. It also has 2 AC units, 3 Hot water heaters and much more. Building has 2 separate basement's with one being partially finished. Both have new drain tiles and sump pumps reassuring a dry basement every spring. Large 2 bedroom apartment above the salon and has 1 full bath and private side entrances. Vaulted ceilings and balcony off both bedroom sliding doors. Currently leased with long time loyal lessee. Large parking lot that is in wonderful condition. Handicap ramp to front door. Nothing left to do other than set up shop or make it into your dream business you have always wanted to start, in the heart of Grand Blanc. 24 hour notice to show. Salon is closed Sunday and Mondays. Showings work best those days and anytime in the early morning or early evening after hours. Financials are based off of just the 2 bedroom apartment on the 2nd floor.
Listing Contacts
Listed by The Sedlarik Group Realty LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$250,000.00
$20,833.33/mo
Valuation Metrics
0
DSCR
37.04%
Cap Rate
37.04%
ROI
Map
Zoning
B-1 CommercialNeighborhood CommercialNeighborhood Business
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View all 167 uses Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics
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