Lake City retail for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30472233
Property Subtypes: Free-Standing Building, General
Building Size (RSF): 8,000 SF
Gross Land Area: 1.46 Acres
Sale Price: $390,000
Unit Price: $48.75 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Building Name: FAMILY DOLLAR
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 6/29/2020

Overview / Comments

Outstanding visibility

Excellent corner location at high-traffic, lighted intersection of M-66 and Jennings Rd

Property is perfect for many different uses including convenience/grocery store, auto parts, off-road vehicle dealer, thrift store, medical/pharmacy, gas station, agricultural supply store, and more.


Finance Data Year 2019
Real Estate Taxes - Annual($) $4,216 (Annual)
Tax Value Land $93,500
Assessed Value - Total($) $93,500 (Annual)

Additional Details

Nearest MSA: Cadillac
County: Missaukee
Submarket/Township: Other area
Taxing Authority: Lake Township
Tax ID/APN: 57-09-13-001-000
Site Description: SEC 13 T22N R8W BEG AT NE COR OF NE 1/4 TH N 87 DEG 43' 57'W 308.05 FT, S 00 DEG 31'30'W 209.56 FT, S 88 DEG 44'49'E 305.77 FT, N 01 DEG 07'43'E 204.09 FT TO POB. 1.46A.
Area Description: DIRECTIONS: US-131 to Route M-55, E on M-55 to intersection with Jennings Rd.
Tenancy: Single Tenant
Number of Stories: 1
Year Built: 2002

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,117 2,034 7,759
Median Age: 44.48 47.4 43.63
Households: 471 891 3,113
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.