400 S State St - Storefront FOR SALE


Sparta, MI 49345
$599,500 USD
616-361-2307
400 S State St, Sparta, MI for Sale
$599,500 USD
Storefront - FOR SALE
1/1
null | Request Cap Rate

400 S State St
Sparta, MI 49345


OVERVIEW

Prime Retail and Great Visibility in Sparta. Take over the local favorite “Tasty Treat” and have dual income by renting out the residence. Development opportunity with around 2.5 acres. Very strong mixed use opportunity as well with 200 feet of frontage on S. State Street. Tasty Treat has been a local favorite for decades. Owners have retired and are selling the business and property together. All business assets are included. This mixed use property also has an attached 3 bedroom, 2 bath rental unit with walkout ground floor, attached garage, and very large yard. Also has great potential for multiunit development. Use the building and add more retail space, or convert to office or medical. Don’t pay rent again and own your property . A perfect spot for dentistry, orthodontics, chiropractic care, pain center. Also, great office use for investments, consulting, attorney, or legal. With around 2.5 acres, there is potential to develop multiunit residential or mixed use. Don’t miss out on this one in the growing community of Sparta. Building is 2580 SF, Tasty Treat is 656 SF. Includes park like setting for customers and existing outbuilding for storage.

FOR SALE DETAILS

PRICE

$599,500 USD

PRICE/SF

$232 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

Commercial

APN/PARCEL ID

41-05-23-153-015

ASK ABOUT THIS PROPERTY

Grant WinkelmanDAR Commercial Real EstateMore Info
616-361-2307

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Grant WinkelmanDAR Commercial Real EstateMore Info
616-361-2307

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