Operating Convenience store and 3 unit apartment all in one building
- Listing Id: 7323
- Broker Name: Tracie Peltier
- Category: Convenience Stores
- Asking Price: $269,900.00
- EBITDA: $156,000.00
- Real Estate: $1,299,900.00
- Cash Flow: $109,207.00
- Inventory: $35,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $751,387.00
- FF&E: $55,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Hamtramck
- State: MI
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
If you are looking for a great property to make instant income? Look no further! Buyer could move into one of the units and run the store, or just use it as a cash cow! This large building has everything you need to run a store and collect rent on the 3 updated and remodeled units with dining and living rooms. 1st unit is a large 3 bedroom/1 bath, very spacious rooms, with a private back porch, the 2nd unit is an upper unit very large rooms also with 2 bedrooms/1 bath, and last another spacious upper unit with 2 bedrooms/1 bath both upper units have balconies, all furnace and hot water heaters in each unit. The store is also included in this great price, all inventory included, security cameras and alarms, well known grocery store-they get a lot of foot traffic for being centrally located. Building is fenced and also has a basement for storage. Please do not disturb workers in the store. Inventory list provided upon request...Appointment only.
Financial Summary
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