MLS® ID: 2200002283

1280 Imlay Road

Lapeer, Michigan, 48446

Active
  • - SQFT
Great Opportunity to own a newer 3 unit plaza with liquor store business almost a total of 8,000 square feet. There is an approval of adding a gas station to the location, drawings are included with the sale. 12%+ CAP RATE!! Located on a high traffic road with 256' of road frontage The total square footage of the entire building is 7,775 sq. ft, the convenience/liquor store occupies around 4,000 sq. ft of the building, then there are 2 additional rental spaces that are 1,875 sq. ft each. Liquor store sales are $1,000,000 per year, plus $62,468 lotto commission per year. Rental income is in an additional $3,200 monthly. Ample parking accommodating 21+ cars. Additional information available upon request and qualification. THIS IS A CONFIDENTIAL SALE. "DO NOT APPROACH OWNERS OR EMPLOYEES OR TENANTS", PLEASE BE DISCRETE!
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Listing courtesy of Realty Solutions of Michigan Inc

Amenities

  • Zip
    48446
  • Office name
    Realty Solutions of Michigan Inc
  • Year built
    2005
  • Agent name
    Saba Katto
  • Purchase Type
    Active
  • Year Built Range
    2000-2009
  • Office ID
    474001984
  • Agent ID
    474006116

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