$628,333
$630,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
7,822 SqFt
SOLD DATE : 02/16/2023
Key Details
Sold Price $628,333
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 7,822 sqft
Price per Sqft $80
Subdivision Ford Park Sub
MLS Listing ID 20221038176
Sold Date 02/16/23
Originating Board Realcomp II Ltd
Year Built 1985
Annual Tax Amount $21,013
Lot Size 0.480 Acres
Acres 0.48
Lot Dimensions 210x100
Property Description
Agent also sells SDD liquor licenses, and can sell buyer a license to attach to the property, and turn this into a liquor store mini mart.
Located in the historic city of Hazel Park, the Salem Market has been a staple in the community for decades. With short hours for a convenience store, this market offers the opportunity for increased business, simply by increasing the hours. The traffic in the area is also due to increase significantly as a cannabis consumption lounge has just been approved directly across the street. The store is being offered with the property, and the tenant has a short lease remaining, giving the new owner a chance to put in another business of their choice to generate even more traffic and revenue. The future vacancy is roughly 3500 square feet and can be divided into 2 or 3 units for lease if desired. Business and building for $789,900 and inventory will be sold separately. Please do not speak to employees. You can purchase the business only if you would like. Please do not try to reach out to owners directly.
Location
State MI
County Oakland
Area Hazel Park
Zoning Commercial
Direction Between 8 mile and 9 mile on the east side of John R.
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Waterfront no
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Brick
Schools
School District Hazel Park
Others
Tax ID 2536303053
Ownership Short Sale - No,Private Owned
Assessment Amount $68
Acceptable Financing Cash, Contract, Conventional, Owner May Carry(Purchase Money Mortgage)
Listing Terms Cash, Contract, Conventional, Owner May Carry(Purchase Money Mortgage)
Financing Cash,Contract,Conventional,Owner May Carry(Purchase Money Mortgage)
Special Listing Condition Full Service
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Bought with New Michigan Realty, LLC
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