Clinton, MI downtown building

Retail-Commercial for Sale
Catylist Listing ID: 30206628
Property Subtypes: Convenience Store, Day Care Facility, Mixed Use, Post Office, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 2,231 SF
Gross Building Area: See Agent
Sale Price: $218,000
Unit Price: $97.71 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 11/11/2019

Overview / Comments

Excellent location in downtown, Village of Clinton. Building has open floor-plan on main/street retail level and a full basement great for storage. Building also offers 2 apartments upstairs; one is currently rented and the other is being updated. Building has recently undergone a complete tear-off of the roof and replaced with a high quality 30 year flat (rubber) roof. Ample Parking on street and in lot behind the building.

Additional Details

Nearest MSA: Adrian
County: Lenawee
Taxing Authority: Lenawee County
Tax ID/APN: CL6-410-2011-00
Zoning: CBD
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Largest Nearby Street: Michigan Ave
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Roof Type: Flat
Parking Type: Surface, Other
Parking Description: Ample free parking on street and in public lot behind the building.
Heat Type: Natural Gas
Heat Source: Central

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 897 3,491 13,944
Median Age: 37.95 39.62 42.13
Households: 384 1,364 5,535
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