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50124 US Highway 41 1,800 SF Retail Building Hancock, MI 49930 $179,000 ($99.44/SF)



INVESTMENT HIGHLIGHTS
- Commercial Site on US41 in Franklin Township!
- The site does have 2 capped mine shafts and the site is located within an area where historical mining activities took place.
- Highly visible property is ready for a new owner with over 8400 vehicles per day according to the MDOT traffic studies.
EXECUTIVE SUMMARY
Commercial Site on US41 in Franklin Township! This highly visible property is ready for a new owner with over 8400 vehicles per day according to the MDOT traffic studies. There is an existing garage, storage building, and small office that could be used by the new owner for the future or as an interim use while bigger plans are made for the property. Power and Water are at the site with natural gas being near the property and township sewer being on Sunshine Rd. Buyer to verify with utility companies as to the exact locations and hook up capabilities. The site does have 2 capped mine shafts and the site is located within an area where historical mining activities took place. Buyer to perform necessary due diligence for their potential use of the property. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect all aspects of the property &bears all risks for any inaccuracies. Buyer to verify all information including but not limited to the estimated acreage, lot size, square footage, utilities(availability & costs associated). Buyer should not assume the buyer’s taxes will be the same as seller’s present tax bills. Taxes are subject to change (possibly significant) &property will be reassessed by the municipality after sale is completed. Taxes are not zero. Sellers may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission &response deadlines.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,800 SF
Building Class
C
Year Built
1900
Price
$179,000
Price Per SF
$99.44
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.70 AC
Zoning
C-2 - Commercial
Frontage
341’ on US 41 Highway
PROPERTY TAXES
| Parcel Number | 006-124-014-10 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $20,664 |
PROPERTY TAXES
Parcel Number
006-124-014-10
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$20,664
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50124 US Highway 41
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