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$1 Auction – 8,320 SF Retail | 20K VPD 2913 S Dort Hwy 8,320 SF Retail Building Flint, MI 48507 $50,000 ($6.01/SF)
Investment Highlights
- ABSOLUTE $1 AUCTION | 8,320 SF Freestanding Retail | 20K VPD | AUCTION MAY 4-6
- 20,601 VPD Traffic Counts with Highway Frontage and Visibility on S Dort Highway in Strong Commercial Corridor | 1-Mi from I-69 (81K VPD)
- Dense Demographics with 3-Mile Population of 57,219 Individuals and 5-Mile Population of ±145,483 with Average Household Income of ±$57K
- 8,320 SF Retail Building Available at Substantial Discount Below Replacement Cost
- Nearby National Retailers: Walgreens, Auto Zone, O’Reilly Auto Parts, Taco Bell, McDonald’s, KFC, Family Dollar
- Zoned CC, City Commercial District with a Variety of Flexible Permitted Uses
Executive Summary
Marcus & Millichap is pleased to present a vacant, freestanding retail building located at 2913 S Dort Hwy in Flint, MI (the “Property”). The vacant property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible and strategically positioned asset at a significant discount. FIRST BID MEETS RESERVE!
The Property consists of a single story, free-standing retail building containing approximately ±8,320 square feet on a ±0.76-acre parcel. The site benefits from highway access and visibility along S Dort Hwy with traffic counts of 20,601 vehicles per day. Zoned CC (City Corridor Commercial District), the site accommodates a wide range of retail, service, and commercial uses, providing significant operational flexibility for future tenants or an owner-user. Disclaimer: The Seller does not have a survey – building size, parcel size and outline obtained from City of Flint and CoStar.
The Property is located ±3.0 miles from Downtown Flint on the east side of S Dort Hwy and offers excellent accessibility and convenient access to major highways. The Property is located ±65 miles from Detroit’s CBD, is positioned 1.0-miles south of I-69 interchange at exit 138 and just minutes from the Flint Amtrack Station allowing for immediate access to the greater area. The Property is positioned near some of the area’s largest employers and just ±10 minutes from General Motors’ Flint Assembly. The Property is also located near economic generators including Mott Community College (±2.4-miles), College University of Michigan-Flint (±3-miles), and Hurley Medical Center (±10 minutes). Retail activity is further supported by strong nearby national and local retailers including Family Dollar, Walgreens, Auto Zone, O’Reilly Auto Parts, Taco Bell, McDonald’s, KFC, and many others. The Property is located within a commercial corridor and benefits from compelling demographic with ±145,483 individuals with an average annual household income of ±$57,111 within a five-mile radius.
The Property consists of a single story, free-standing retail building containing approximately ±8,320 square feet on a ±0.76-acre parcel. The site benefits from highway access and visibility along S Dort Hwy with traffic counts of 20,601 vehicles per day. Zoned CC (City Corridor Commercial District), the site accommodates a wide range of retail, service, and commercial uses, providing significant operational flexibility for future tenants or an owner-user. Disclaimer: The Seller does not have a survey – building size, parcel size and outline obtained from City of Flint and CoStar.
The Property is located ±3.0 miles from Downtown Flint on the east side of S Dort Hwy and offers excellent accessibility and convenient access to major highways. The Property is located ±65 miles from Detroit’s CBD, is positioned 1.0-miles south of I-69 interchange at exit 138 and just minutes from the Flint Amtrack Station allowing for immediate access to the greater area. The Property is positioned near some of the area’s largest employers and just ±10 minutes from General Motors’ Flint Assembly. The Property is also located near economic generators including Mott Community College (±2.4-miles), College University of Michigan-Flint (±3-miles), and Hurley Medical Center (±10 minutes). Retail activity is further supported by strong nearby national and local retailers including Family Dollar, Walgreens, Auto Zone, O’Reilly Auto Parts, Taco Bell, McDonald’s, KFC, and many others. The Property is located within a commercial corridor and benefits from compelling demographic with ±145,483 individuals with an average annual household income of ±$57,111 within a five-mile radius.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
C
Year Built/Renovated
1950/2001
Price
$50,000
Price Per SF
$6.01
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.76 AC
Zoning
D-6
Parking
16 Spaces (1.93 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 41-21-301-036 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $151,300 |
Property Taxes
Parcel Number
41-21-301-036
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$151,300
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$1 Auction – 8,320 SF Retail | 20K VPD | 2913 S Dort Hwy
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