Allen Park, MI 48101 1617,14730 CHAMPAIGN Road
Allen Park, MI 48101 1617,14730 CHAMPAIGN Road
Allen Park, MI 48101 1617,14730 CHAMPAIGN Road
Allen Park, MI 48101 1617,14730 CHAMPAIGN Road
Allen Park, MI 48101 1617,14730 CHAMPAIGN Road
Allen Park, MI 48101 1617,14730 CHAMPAIGN Road
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$500,000

$575,000

13.0%
Est.Price: ?

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Est. payment /mo

5,820 SqFt


SOLD DATE : 08/29/2024

Key Details

Sold Price $500,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,820 sqft

Price per Sqft $85

Subdivision Mi

MLS Listing ID 60283174

Sold Date 08/29/24

Annual Tax Amount $6,712

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 80.00 x 100.00

Property Description

FOR SALE IN THE HEART OF ALLEN PARK, THIS ICONIC AND FAMILY-OWNED BUSINESS IS NOW READY FOR ITS NEXT CHAPTER. OPERATING SINCE 1960, THE OWNERS ARE NOW PREPARED TO RETIRE, PRESENTING A FANTASTIC OPPORTUNITY FOR ASPIRING ENTREPRENEURS OR INVESTORS LOOKING TO MAKE A MARK IN THE RETAIL SECTOR. A FULLY EQUIPPED MEAT MARKET, GROCERY STORE, BEER AND WINE, AND LOTTERY SERVICES, THIS PROPERTY HAS ESTABLISHED ITSELF AS AN ESSENTIAL DESTINATION FOR THE LOCAL COMMUNITY. THE BUSINESS IS WELL-KNOWN AND HAS ENJOYED A LOYAL CUSTOMER BASE OVER THE YEARS. WITH MODERN FACILITIES AND EQUIPMENT, THE TRANSITION FOR ANY NEW OWNERS WILL BE SMOOTH AND SEAMLESS. HOWEVER, THE TRUE POTENTIAL OF THIS PROPERTY LIES IN ITS LOCATION AND ADAPTABLE SPACE. SITUATED IN A FLOURISHING AREA, TRANSFORMING THIS PROPERTY INTO A DYNAMIC STRIP CENTER WOULD BE A LUCRATIVE ENDEAVOR. SPLITTING UP THE BUILDING COULD PROVIDE OPPORTUNITIES FOR MULTIPLE BUSINESSES, FURTHER DIVERSIFYING THE INCOME STREAMS WHILE CATERING TO VARIOUS MARKET SEGMENTS. THE STRATEGIC POSITION WITHIN THE BUSTLING HEART OF ALLEN PARK ENSURES HIGH VISIBILITY, CONSTANT FOOT TRAFFIC, AND UNMATCHED CONVENIENCE FOR POTENTIAL CUSTOMERS. PROXIMITY TO MAJOR ROADWAYS, RESIDENTIAL AREAS, AND OTHER COMMERCIAL ESTABLISHMENTS FURTHER ADDS TO ITS MARKETABILITY. WHETHER YOU ARE AN EXPERIENCED BUSINESS OWNER SEEKING TO EXPAND YOUR PORTFOLIO OR AN INVESTOR LOOKING TO CAPITALIZE ON THE FLOURISHING RETAIL SECTOR, THIS PROPERTY OFFERS ENDLESS POSSIBILITIES. DON'T MISS OUT ON THE CHANCE TO ACQUIRE A LONG-STANDING BUSINESS WITH AN ESTABLISHED CUSTOMER BASE AND TRANSFORM IT INTO A VIBRANT STRIP CENTER IN ONE OF ALLEN PARK'S PRIME LOCATIONS. EMBRACE THE POTENTIAL AND SECURE YOUR FUTURE IN THIS THRIVING COMMUNITY.

Location

State MI

County Wayne

Area Allen Park (82141)

Zoning Commercial

Interior

Heating Radiant

Exterior

Waterfront No

Building

Foundation Slab

Water Public Water

Structure Type Brick,Stone

Others

Ownership Private

Assessment Amount $1

Energy Description Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Century 21 Curran & Oberski
Bought with Century 21 Curran & Oberski
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