Great income generating opportunity from day one - this real estate consists 10 units & 1 billboard along with a Liquor store run by the seller. ***Monthly sales = $101,324** 2020 revenue = $1,200,570: $98,670 in rental and $1.071 million from the liquor store. Additionally, $25,378 in lottery/yr and $20,948/yr in vendor commissions. Each unit has a separate bathroom, heating and cooling, and electricity; only water is included in the rent. The building has been well maintained. A variety of tenants attract a lot of foot traffic to complement all the businesses in the building. A great potential for additional revenue by constructing a self-storage multi unit at vacant land at the back of the building. This property is on a very busy road with traffic of more than 54,000 cars per day with Meijer, Lakeview Middle School, JC Cinema and many fast-food restaurants nearby. Please do NOT approach the tenants/employees with any sale related questions.
Listing Agent: Jagdeep Singh Courtesy of: Emerald Realty Group Inc Source MLS MiRealSource. Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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permission from MiRealSource, Inc. Updated: 18th August, 2022 7:48 PM (UTC)