Retail Enterprise | 9861 Dixie Hwy
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Retail Enterprise 9861 Dixie Hwy
10,426 SF 100% Leased Retail Building Davisburg, MI 48350 $1,300,000 ($125/SF)
Investment Highlights
- Upscale 4 Unit Retail Enterprise with over 300' waterfront on ALL SPORTS DIXIE LAKE! Waterfront with Seawall and Dock.
- New Roof, Plumbing, Electrical 220/440v, 2 Furnaces, 7 High Efficiency Wall Units, Full Interior Reconstruction, Recessed Lighting, Granite, Posh Lavs
- Lease or Buy.
Executive Summary
THRIVING BUSINESS OPPORTUNITY. Potential for over $12,000 /MO income @ $15/ sq ft.(OR MORE) Fantastic LEASE investment, or MAKE IT YOUR OWN BUSINESS. PLEASE DO NOT DISTURB TENANTS-10K+ sq ft, upscale 4 unit retail enterprise with over 300' waterfront on ALL SPORTS Dixie LK. Transformed from top to bottom and inside out. All units have separate entrances and upscale finishes with no expense spared!! Remodel includes new roof/plumbing/electrical (220/440v)/2 furnaces/7 high efficiency wall units/WH/ full interior reconstruction-custom flooring, ceilings, walls, recessed lighting, windows & doors/3 overhead doors/custom kitchen w ss whirlpool appliances, granite, dual sinks, custom cabinets, large center island/2 posh lavs /1 full, interior/ exterior paint/lavish office-unit A/ insulation/spray foam ceilings/ extensive concrete/ fence/16-camera security system-9 installed/ seawall/ dock. LAKE privilege's add creative opportunities! One tenant under contract to 5/31/23. Bella- leasable owner space not currently under contract requests first right of refusal to lease.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
10,426 SF
Building Class
B
Year Built/Renovated
1981/2020
Price
$1,300,000
Price Per SF
$125
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.31 AC
Zoning
II - Commercial, Light Industrial
Parking
10 Spaces (0.96 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Waterfront
- Recessed Lighting
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 07-11-351-001 | Improvements Assessment | $0 (2024) |
| Land Assessment | $0 (2024) | Total Assessment | $234,700 (2024) |
PROPERTY TAXES
Parcel Number
07-11-351-001
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$234,700 (2024)
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Retail Enterprise | 9861 Dixie Hwy
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