11522 Davis Street
Grand Blanc, MI 48439

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Description

Lots of opportunities with this location that has two parcels combined into one in the heart of downtown that is just one street off the main light in town and sits right on the corner of Davis and Grand Blanc Rd. What was an operational salon for decades and now is ready to become the newest best thing to Downtown Grand Blanc. Maybe a 4-6 multi-family apartment building? Incomes and rent posted are projected at 6 units at 1200-1500 a month. Just look at this Large open floor plan with different levels and tons of storage. Two middle walls in lower lever are non load bearing and can be removed. Additional bathrooms are plumed under the North East corner. Building has 2 newer furnaces, along with the upstairs apartment having a 2 yr old furnace and AC for its own use. It also has 2 AC units, 3 Hot water heaters and much more. Building has 2 separate basement's with one being partially finished. Both have new drain tiles and sump pumps reassuring a dry basement every spring. Large 2 bedroom apartment above the salon and has 1 full bath and private side entrances. Vaulted ceilings and balcony off both bedroom sliding doors. Currently leased with long time loyal lessee. Large parking lot that is in wonderful condition. Handicap ramp to front door. Nothing left to do other than set up shop or make it into your dream business you have always wanted to start, in the heart of Grand Blanc. 24 hour notice to show. Salon is closed Sunday and Mondays. Showings work best those days and anytime in the early morning or early evening after hours. Financials are based off of just the 2 bedroom apartment on the 2nd floor.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family Home
• Listing Status: Active
• County/Area: Genesee County
• Zip Code: 48439
• Year Built: 1920
• Subdivision/Neighborhood: Grand Blanc
• School District: Grand Blanc
• Basement: Crawl Space, Yes
• Lot Size: 14810 sq ft lot
• Accessibility: No Step Entrance, Ramped Entrance
• Association: Yes
• Association Amenities: Pets Allowed
• Construction Materials: Stone, Wood Siding
• Cooling: Central Air
• Directions: Grand Blanc to Davis and go left if coming from Saginaw St.
• Gross Income: 125000
• Heat Source: Natural Gas
• Heating: Forced Air
• Lot Size Area: 0.34
• Lot Size Square Feet: 14810.4
• Lot Size Units: Acres
• MLS Area Major: Genesee County - 10
• MLS Area Minor: Genesee County - 10
• Main Type: Multi Family
• Parcel Number: 5616526001
• Road Frontage: 70
• SEV: 209800
• Street Type: Paved
• Tax Annual Amount: 8420
• Tax Legal Description: LOTS 64 & 65 EXCEPT A PARCEL OF LAND BEG AT NELY COR OF LOT 65 TH SELY ALONG SWLY LINE OF DAVIS ST 15 FT TH WLY TO A POINT ON SELY LINE OF GRAND BLANC RD WHICH IS 15 FT SWLY OF PL OF BEG TH NELY TO PL OF BEG ASSESSORS PLAT NO 1 (90) FR 5600005061
• Total Approx Sq Ft All Bldgs: 3294
• Total Num Units: 2
• Township: Grand Blanc
• Water Source: Public