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Take 2 Bridal and Formalwear Consignment Shop 3110 Davenport Ave

2,700 SF Office Building Saginaw, MI 48602 $300,000 ($111/SF)

Investment Highlights

  • Thriving turnkey Business for owner/operator.
  • Annual Revenue Growth of 40%.
  • High traffic area with over 150' of frontage.
  • Perfect for an Entrepreneur looking for store front to incorporate with current business.

Executive Summary

This is an exceptional opportunity to acquire a prime commercial property in a high-traffic location and the existing successful, turnkey business. The property and business are positioned for continued growth, offering a promising lucrative venture for an entrepreneur or investor.
Property Highlights:
Prime Location: Situated in a highly visible, high-traffic area, this location ensures maximum exposure and strong customer flow.
Ample Parking: The property includes ample parking for both customers and employees, ensuring ease of access and convenience.
Move-In Ready: The building is in excellent condition, with recent upgrades that ensure a seamless transition for new ownership.
Recent Property Upgrades:
New Roof: Recently replaced roof adds value and peace of mind for long-term ownership.
Updated Porch & Signage: Freshly updated porch and modernized signage enhance curb appeal and visibility.
HVAC Units & Electrical: Brand new HVAC units and electrical system provide efficient climate control and reliable energy usage.
Water Heater & Renovations: New water heater installed and extensive renovations completed to ensure the building is up to code and in excellent working order.
Business Highlights:
Strong Revenue Growth: The business has experienced a remarkable 40% annual increase in revenue over 2023, reflecting its strong market position and potential for continued expansion.
Turnkey Operation: The business comes with a loyal customer base, proven revenue streams, and operational systems in place, providing a smooth transition for new owners.
Proven Success: With a track record of profitability, this is a business ready for immediate ownership and continued growth.
Flexible Options:
Business & Property Package: The thriving business is available for sale along with the commercial property, offering a complete turnkey solution.
Separate Sale Option: If you are interested in the property without the business, the seller is open to discussing relocation options for the business to a new site.
This is a rare opportunity to acquire a high-value commercial property with a well-established business in a prime location. Whether you're looking to take over a profitable operation or invest in a premium property with growth potential, this opportunity is not to be missed.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Office
Property Subtype
Medical
Building Size
2,700 SF
Building Class
C
Year Built/Renovated
1969/2013
Price
$300,000
Price Per SF
$111
Business Value
$325,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,700 SF
Building FAR
0.11
Lot Size
0.56 AC
Parking
16 Spaces (5.93 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access

About 3110 Davenport Ave , Saginaw, MI 48602

Stand alone Building on heavy trafficked main street, on a bus route 14 Parking spaces + Handicapped space Rear Exit with Handicapped Ramp, ADA Compliant Internal Security System and Other Security Deterrents (O incidents) Compliant Emergency Lighting All Brick Exterior Professionally Landscaped Exterior Lit Sign 7 Rooms/Office Spaces + Lobby, Clerical/Processing Space, Conference Room and Kitchen, as well as 2 Restrooms (1 Handicapped Accessible), and 4 storage spaces as well as crawl space Stand alone Brick and Mortar Business for sale on a highly visible busy main street location. Building Improvements 1) Roof in 2014 2) HVAC System and Hot Water Heater ($9k) 2013 3) Front Porch/Cement 2017 4) 2 Updated Restroom 5) Electrical Updates (Upgraded and added Fire/Safety Exit Signs, etc.) 7) Hot Water Heater, HVAC Equipment Updated Business Includes: Initial Business investment $13,000 (licenses, furnishings, fixtures, sign, etc.) Consigned Inventory Value Estimate $400,000 (can provide inventory catalogue) Furnishing/Fixtures $15,000 (Commercial Sign, Website and POS System, Equipment, Supplies, Furniture, etc.)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
91302438000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$53,800
  • Listing ID: 33841265

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 3110 Davenport Ave, Saginaw, MI 48602

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