2913 S Dort Hwy - Freestanding FOR SALE


Flint, MI 48507- South Flint/Grand Blanc
$50,000 USD
305-206-1286
2913 S Dort Hwy, Flint, MI for Sale
$50,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | 8,320 SF Freestanding Retail | 20K VPD | AUCTION MAY 4-6
  • 8,320 SF Retail Building Available at Substantial Discount Below Replacement Cost
  • 20,601 VPD Traffic Counts with Highway Frontage and Visibility on S Dort Highway in Strong Commercial Corridor | 1-Mi from I-69 (81K VPD)
  • Nearby National Retailers: Walgreens, Auto Zone, O’Reilly Auto Parts, Taco Bell, McDonald’s, KFC, Family Dollar
  • Dense Demographics with 3-Mile Population of 57,219 Individuals and 5-Mile Population of ±145,483 with Average Household Income of ±$57K
  • Zoned CC, City Commercial District with a Variety of Flexible Permitted Uses

OVERVIEW

Marcus & Millichap is pleased to present a vacant, freestanding retail building located at 2913 S Dort Hwy in Flint, MI (the “Property”). The vacant property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible and strategically positioned asset at a significant discount. FIRST BID MEETS RESERVE! The Property consists of a single story, free-standing retail building containing approximately ±8,320 square feet on a ±0.76-acre parcel. The site benefits from highway access and visibility along S Dort Hwy with traffic counts of 20,601 vehicles per day. Zoned CC (City Corridor Commercial District), the site accommodates a wide range of retail, service, and commercial uses, providing significant operational flexibility for future tenants or an owner-user. Disclaimer: The Seller does not have a survey – building size, parcel size and outline obtained from City of Flint and CoStar. The Property is located ±3.0 miles from Downtown Flint on the east side of S Dort Hwy and offers excellent accessibility and convenient access to major highways. The Property is located ±65 miles from Detroit’s CBD, is positioned 1.0-miles south of I-69 interchange at exit 138 and just minutes from the Flint Amtrack Station allowing for immediate access to the greater area. The Property is positioned near some of the area’s largest employers and just ±10 minutes from General Motors’ Flint Assembly. The Property is also located near economic generators including Mott Community College (±2.4-miles), College University of Michigan-Flint (±3-miles), and Hurley Medical Center (±10 minutes). Retail activity is further supported by strong nearby national and local retailers including Family Dollar, Walgreens, Auto Zone, O’Reilly Auto Parts, Taco Bell, McDonald’s, KFC, and many others. The Property is located within a commercial corridor and benefits from compelling demographic with ±145,483 individuals with an average annual household income of ±$57,111 within a five-mile radius.

FOR SALE DETAILS

PRICE

$50,000 USD

PRICE/SF

$6 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction – 8,320 SF Retail | 20K VPD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

32,931 SF

ZONING

D-6

APN/PARCEL ID

41-21-301-036

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

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