6044 Main/6069 Holton

Retail-Commercial for Sale
Catylist Listing ID: 29949456
Property Subtypes: Convenience Store, Free-Standing Building, Service Station/Gas Station, Street Retail, Vehicle Related
Building Size (RSF): 15,891 SF
Gross Building Area: See Agent
Sale Price: $649,000
Unit Price: $40.84 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: John's Market/Former Marathon Station
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2018

Overview / Comments

Also includes 6069 Holton Road (PPN 6107830006000800). Long-established liquor and convenience store. Sale price includes furniture, fixtures, and liquor license. There are four apartment units upstairs - two at $550/month and two at $650/month. Also included is space for a potential meat market. Opportunity to keep the Smoke Shop with inventory sold separately or re-open as a gas station. Like new buildings with coolers and outdoor freezer. Needs pumps, but has two tanks - 10,000/20,000 double-wall fiberglass. Installed in approximately 1993.

Financials

Finance Data Year 2014
Real Estate Taxes - Annual($) $11,744 (Annual)
Assessed Value - Total($) $225,900 (Annual)
Potential Rental Income $28,800 (Annual)

Additional Details

Nearest MSA: Muskegon
County: Muskegon
Taxing Authority: Dalton Township
Tax ID/APN: 6107830006000600/000800
Zoning: C-2
Property Located Between: 2nd & 4th
Property Visibility: Excellent
Largest Nearby Street: M-120 (Holton Road)
Feet of Frontage: 244
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Year Built: 1955
Year Renovated: 1994
Construction/Siding: Block
Exterior Description: Block
Parking Description: Parking Lot
Heat Type: Natural Gas
Heat Source: Central
Lot Frontage: 244
Water Service: Well
Sewer Type: Septic
Legal Description: On file in listing office.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,731 5,495 17,925
Median Age: 41.89 37.58 38.27
Households: 656 1,983 6,512
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.