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- LoopNet Team
3410 Corunna Rd
Flint, MI 48503
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 18,000-20,000 cars a day -high traffic
- First Quarter 2020 grossing $55,000-$60,000/ Month YTD Sept 2020 over $600K Gross
- Existing Business-Turn Key for Owner Operator
PROPERTY FACTS
AMENITIES
- Restaurant
- Security System
- Drive Thru
- Air Conditioning
ABOUT 3410 CORUNNA RD , FLINT, MI 48503
INVESTORS/OWNER OPERATOR- CASH FLOWING BUSINESS.The present owner will train new owner . The Church’s chicken Corp must approve new owner. 120 feet of frontage on Corunna Rd. Sits on .64 of an acre The current owner will provide financials for the last 2 years as well as up to date monthly gross income receipts, Sept .2020 gross over $80K. Favorable Cap Rate and turn-key income scenario. Legal Description: MANNHALL PARK NO. 1 LOTS 310 AND 311; ALSO LOT 312 EXC SLY 3 FT; ALSO EXC BEG AT A PT ON WLY LINE OF SD LOT 312, 10 FT NLY FROM SWLY COR OF SD LOT 312: THE SLY ALG WLY LINE OF SD LOT 312, 7 FT: TH ELY+WITH SLY LINE OF SD LOT, 10 FT: TH NWLY TO POB: ALSO LOTS 314,316,318 AND 320 Directions: I-75 North East on Corunna Rd Visible from light at at intersection of Corunna and Ballengar County: Genesee Post Office: Flint 2019 Taxes $4610 Tax ID #: 4014365017 Summer Taxes: 4090 Winter Taxes: 311 Gross Operating Income: 2018- $404,000 /2019- Net Operating Income: 2018-271,000/ 2019- Serious Inquiries Only- Cash Buyer Preferred
PROPERTY TAXES
| Parcel Number | 40-14-365-017 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $97,800 |
PROPERTY TAXES
