3504 Palms Rd - Storefront Retail/Residential FOR SALE


Casco, MI 48064
$750,000 USD
248-835-2303
3504 Palms Rd, Casco, MI for Sale
$750,000 USD
Storefront Retail/Residential - FOR SALE
1/25
null | Request Cap Rate

3504 Palms Rd
Casco, MI 48064


HIGHLIGHTS

  • Convenience Store: 2,266 sq. ft. first-floor retail space offering craft beer, fine wine, premium imported liquor, lottery, and more.
  • Residential Income: 2,266 sq. ft. fully leased second-floor residential apartment for steady rental income.
  • Auxiliary Space: Additional 1,326 sq. ft. light industrial building for expanded revenue opportunities.
  • Combined Space: A total of 5,212 sq. ft. of income-generating potential across all facilities.
  • 1.2-acre corner lot with high visibility and accessibility.
  • Established 1960s. Operating successfully for over 60 years!

OVERVIEW

Adair Market Convenience Store - A Rare Opportunity to Own a Long-Standing Business and Real Estate! This Historic property, operating successfully for over 60 years, presents an unparalleled investment opportunity at an attractive price of $749,900. Located on a 1.2-acre corner lot, this turnkey business includes a thriving convenience store (2,266 sq. ft.) offering craft beer, fine wine, premium imported liquor, lottery, and more. Additionally, the property boasts a fully leased 2,266 sq. ft. residential apartment unit on the second floor, providing steady rental income, and an auxiliary 1,326 sq. ft. light industrial building for added potential. All situated on a prime 1.2-acre corner lot with a combined total of 5,858 sq. ft. of operational space. .. Inventory Sold Separately...FINANCIALS & SHOWING REQUIREMENTS: Subject to Signed NDA required prior to release of financial details or showing-approval. CONTACT LISTING BROKER for further details—DO NOT approach the seller directly!

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

AG

APN/PARCEL ID

12-011-2013-000

ASK ABOUT THIS PROPERTY

Jeffrey BrikhoBrikho Properties IncMore Info
248-835-2303

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Jeffrey BrikhoBrikho Properties IncMore Info
248-835-2303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.