MLS # 20261010747 (Realcomp)

Lots of opportunities with this location that has two parcels combined into one in the heart of downtown that is just one street off the main light in town and sits right on the corner of Davis and Grand Blanc Rd. What was an operational salon for decades and now is ready to become the newest best thing to Downtown Grand Blanc. Maybe a 4-6 multi-family apartment building? Incomes and rent posted are projected at 6 units at 1200-1500 a month. Just look at this Large open floor plan with different levels and tons of storage. Two middle walls in lower lever are non load bearing and can be removed. Additional bathrooms are plumed under the North East corner. Building has 2 newer furnaces, along with the upstairs apartment having a 2 yr old furnace and AC for its own use. It also has 2 AC units, 3 Hot water heaters and much more. Building has 2 separate basement's with one being partially finished. Both have new drain tiles and sump pumps reassuring a dry basement every spring. Large 2 bedroom apartment above the salon and has 1 full bath and private side entrances. Vaulted ceilings and balcony off both bedroom sliding doors. Currently leased with long time loyal lessee. Large parking lot that is in wonderful condition. Handicap ramp to front door. Nothing left to do other than set up shop or make it into your dream business you have always wanted to start, in the heart of Grand Blanc. 24 hour notice to show. Salon is closed Sunday and Mondays. Showings work best those days and anytime in the early morning or early evening after hours. Financials are based off of just the 2 bedroom apartment on the 2nd floor.
Source: SparkMLS
Located in Grand Blanc Township in Grand Blanc, this property offers 3-bath, with original construction dating to 1920.
Asking $674,900.
Annual property taxes run approximately $8,467 ($706/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
LOTS 64 & 65 EXCEPT A PARCEL OF LAND BEG AT NELY COR OF LOT 65 TH SELY ALONG SWLY LINE OF DAVIS ST 15 FT TH WLY TO A POINT ON SELY LINE OF GRAND BLANC RD WHICH IS 15 FT SWLY OF PL OF BEG TH NELY TO PL OF BEG ASSESSORS PLAT NO 1 (90) FR 5600005061
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tommy McHale
The Sedlarik Group Realty LLC
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
11522 Davis Street, Grand Blanc, MI 48439
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Municipality
Grand Blanc Township
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