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… Read More is ready to become the newest best thing to Downtown Grand Blanc. Maybe a 4-6 multi-family apartment building? Incomes posted are projected at 6 units at 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. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams First.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multifamily
Square Ft.
3,294
Lot Size
0.34 Acres
Year Built
1920
MLS Number
20261002515
30 Days Snapshot Of 48439
$356k
+28%
(avg) sold price
40
-31%
homes sold
66
-7%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Interior Entry, Partially Finished, Common Storage Locker, Private, Basement?: 1
Building
2 total units, 1 leased unit, 1 two-bedroom unit, Built in 1920, Remodelled in 2017, Architectural style: Common Entry Building, Contemporary, Other, Stone, Wood, 3,294 total square feet, 4,294 combined square feet, 1,000 lower floor square feet, 2,200 total basement square feet, Unit count: 2
Cooling
Central Air
Exterior Features
Fenced
Fireplaces
Fireplace?: 0
Foundation
Crawl, Basement
Garage
Garage?: 0
Water Features
ENERGY STARAE; Qualified Water Heater, Natural Gas, Public (Municipal)
Heating
ENERGY STARAE; Qualified Furnace Equipment, Forced Air, Natural Gas
Lot
Lot size area: 0.34, Lot size dimensions: 70.00 x 209.00
Miscellaneous
Gross scheduled income: $125,000, Income projection: Projected, Monthly rental income: $1,200, Net operating income: $125,000, Operating expense: $0
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