$77,500
$109,000
28.9%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1,660 SqFt
SOLD DATE : 12/15/2020
Key Details
Sold Price $77,500
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,660 sqft
Price per Sqft $46
MLS Listing ID 2200052840
Sold Date 12/15/20
Bedrooms 1
Originating Board Realcomp II Ltd
Year Built 1927
Annual Tax Amount $866
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 243x457x249x470
Property Description
Excellent location on the corner of M-53 and Bowers Road, Imlay Township, Lapeer County for a commercial enterprise. 2017 traffic counts show daily traffic on M-53 at 11,855, and Bowers Rd 1,385. Property was used as a gas station, store, personal residence, & gun store/firing range. The business use of the property was discontinued in the mid-1990s. The property is being sold AS-IS. The underground fuel tanks have been removed and contaminated soil removed and replaced to the extent possible due to the location of the building and the M-53 Right-of-Way. The property is enrolled in the Michigan Underground Storage Tank Authority (MUSTA), which provides up to $1 million for any needed cleanup from the releases from former tanks. Monitoring is underway to determine additional corrective action and closure activities. There is an underground bunker connected to the basement to be used during hazardous weather conditions. Zoned B-1. Listed Residential too MLS#: 2200073217.
Location
State MI
County Lapeer
Area Imlay Twp
Zoning Commercial
Direction M-53 (Van Dyke) north to Bowers Rd. Property on SW corner
Interior
Hot Water Natural Gas
Heating Baseboard, Hot Water
Heat Source Natural Gas
Exterior
Waterfront no
Road Frontage Class A
Building
Foundation Basement, Crawl
Sewer Septic-Existing
Water Well-Existing
Level or Stories 1 1/2 Story
Structure Type Aluminum,Block/Concrete/Masonry,Wood
Schools
School District Imlay City
Others
Tax ID 01100500300
Ownership Private Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Full Service
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