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14730 CHAMPAIGN Road Allen Park, MI 48101 1617
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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
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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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Century 21 Curran & Oberski