12240 S Dixie - Convenience Store FOR SALE


La Salle, MI 48145
$399,900 USD
734-735-5228
12240 S Dixie, La Salle, MI for Sale
$399,900 USD
Convenience Store - FOR SALE
1/37
null | Request Cap Rate

12240 S Dixie
La Salle, MI 48145


HIGHLIGHTS

  • When roofing was redone, the owner made it so there is space above the building for a 2-3 bedroom, 1 bath apartment to be built
  • Location would be a great fit to add a gas station as it would be the only gas station between Monroe and Toledo along S Dixie Hwy.
  • There is ample space for a small drive thru/pick up window using the existing window in the kitchen area.

OVERVIEW

Market has the following licenses: Beer & Wine, Lottery, EBT, Food and Tobacco. Owners have applied for a liquor license but it is still sitting with the State of Michigan. There is the option for a 3 bedroom, 1 bathroom apartment that could be built/finished above the market. 6,312 AADT per MDOT. Reoccurring $25 Fire Assessment

FOR SALE DETAILS

PRICE

$399,900 USD

PRICE/SF

$133 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Midway Grab and Go

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Fast Food, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

C

APN/PARCEL ID

09-130-018-10

ASK ABOUT THIS PROPERTY

Theresa BartonKey RealtyMore Info
734-735-5228

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Theresa BartonKey RealtyMore Info
734-735-5228

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.