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Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $62
Subdivision Suburban Homes Sub.
MLS Listing ID 58050111677
Sold Date 11/20/24
Originating Board MiRealSource
Year Built 1960
Annual Tax Amount $9,561
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 120x125
Property Description
Unique and rare opportunity - great investment! There are two buildings with a detached garage, shed, on a third acre lot for only $350,000. One building is 4,000 square feet. This building was a gun shooting range and store and all the equipment is still there. The second building is a two story 1,600 square feet with a wide open lower space for retail/business use. The upstairs is a 2 bedroom apartment which could be rented or used as living space. There is 120 feet of road frontage on Gratiot. Seller is offering Land Contract terms: 20% down ($70,000), down, 8% interest, amortized over 30 years but with a 6 year balloon, $2,054.54 land contract payment - plus taxes and insurance. The gun range equipment is still there if a buyer wants to start their own gun range - brand new, the range equipment is over $200,000.
Location
State MI
County Macomb
Area Roseville
Zoning Commercial
Interior
Hot Water Natural Gas
Heating Baseboard, Forced Air, Central Air
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Utilities Available 220V Available, Smoke Alarm
Waterfront no
Roof Type Other
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Block/Concrete/Masonry,Brick
Schools
School District Roseville
Others
Tax ID 08-14-17-231-026&14-17-230-022
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Financing Cash,Contract,Conventional
Special Listing Condition Full Service
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Maria Reyes
Co-Owner/Realtor® | License ID: 6501350194
Co-Owner/Realtor® License ID: 6501350194