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.
Excellent opportunity to expand your portfolio of investment properties with this turn key, cash flowing package of two homes! All properties are leased with no capital expenses or maintenance deferred. One property in the City of Flushing, and one in Grand Blanc Township. Excellent equity opportunity on day one with additional room for rent growth!
Grand Blanc is located in Michigan. Grand Blanc, Michigan has a population of 8,055. Grand Blanc is more family-centric than the surrounding county with 27.59% of the households containing married families with children. The county average for households married with children is 23.76%.
The median household income in Grand Blanc, Michigan is $65,179. The median household income for the surrounding county is $54,052 compared to the national median of $69,021. The median age of people living in Grand Blanc is 45.5 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 32.6 inches per year, with 36.2 inches of snow per year.
