7441 Genesee RdGenesee charter Township, MI 48437

For Sale
$1,300,000

High-ROI Storefront, 15,120 SF

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional retail property, located at 7441 N Genesee Road W in Genesee Charter Township, Michigan, presents a lucrative investment opportunity. Boasting a substantial 15,120 square feet of space, this storefront is situated on a generous 3.47-acre lot and is currently listed at $1,300,000, translating to a price per square foot of $86. The property features three units and benefits from a strong net operating income (NOI) of $500,000. Built in 1985, the building is zoned for commercial use, ensuring flexibility and potential for various business ventures. The property's location in Genesee County, Michigan, zip code 48437, offers excellent visibility and accessibility. The current owner, in business for over 40 years, is seeking retirement, making this a unique chance to acquire an established and profitable retail center. The property's Assessed Parcel Number (APN) is 1110200015. This bank-owned, short sale opportunity presents a compelling investment prospect with significant upside potential. The property's size, location, and strong financial performance make it an ideal acquisition for savvy investors seeking a high-return retail investment.

Highlights

  • 15,120 SF retail building on a 3.47-acre lot in Genesee Charter Township, MI.
  • Listed at $1,300,000 ($86/SF).
  • Strong NOI of $500,000.
  • Three-unit building, built in 1985, with commercial zoning.
  • Located at 7441 N Genesee Road W, Genesee County, MI 48437.
  • Bank-owned short sale; owner retiring after 40+ years.

Property Details for 7441 Genesee Rd

Property type
Other retail properties, Individual retail properties
Square Feet
15,120 SF
Year Built
1985
Lot Size (sq. ft)
151,153 SF
Units
3

Location Insight

City
Genesee charter Township
County
Genesee
State
Michigan
Latitude
43.1181886
Longitude
-83.6187962
7441 Genesee Rd, Genesee charter Township, Michigan

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7441 Genesee Rd
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