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360 N Ross St. $2,175,000

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360 N Ross St. Beaverton, MI 48612

  • 47,000 sq. ft.
  • 8.00 Acres
  • Commercial Sale
  • MLS# 31393343
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Views: 194 Days On Market: 207

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Property Details

2 GROCERY STORES, STRIP MALL AND REAL ESTATE SOLD TOGETHER! $3,125,000!! Listing above is for Grocery Store I, Strip Mall and 7 acres of vacant land. Approx. 47,000 sq.ft. Grocery Store I is located in the strip mall and is approx. 20,000 sq.ft. and has been in business since 1972. It is family owned and operated and is the only supermarket in the town. The store offers fresh meats, produce, specialty items, prepared foods, catering and deli. They also offer liquor, beer, wine and lotto. The strip mall has several major tenants and is 80% occupied bringing in great income flow. Grocery Store II is located at 4516 S. M-30. This grocery store is a stand alone block building approx. 18,000 sq ft. on about 4 acres. It has been in the family since 1984. This store almost mirrors store I with its offerings. There is an additional 20 acres of vacant land that is attached directly to the west for possible future development. Price of $950,000 Grocery Store II taxes 2018- $11,273 total

  • General Features
    • Ownership Private
    • County Gladwin
    • Area Municipality 26016
    • Acreage 8
    • Waterfront Y/N No
    • Year Built 1973
    • Originating MLS Monroe
  • Property Features
    • Water Public Water
    • Sewer Septic Public Sanitary
    • Lot Size 490x578

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Neighborhood

48612 (Beaverton) Demographics

47 Median Age
74 Population Density (per sq. mile)
22% College Educated
$37,901 Estimated Median Income
3,272 Estimated Total Home Owners
634 Estimated Total Renters
84% / 16% Estimated Owner / Renter Divide
0 Estimated Average Household Size
8,927 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$59,900 Median Sales Price
5 Homes Sold
22 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $2,175,000
      9/5/2019 9:34:00 AM New in Database Source

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      **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
      Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

      Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.