12763 Ostrander London Twp, MI $ 650,000
12763 Ostrander
$ 650,000
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12763 Ostrander

London Twp, MI, 48159
$ 650,000
Baths0.0 Sq 8,078

Monthly Estimate*

$ 4,540

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Studio

Commercial Property for sale in London Twp, MI

for $650,000. This 8,078 square foot building was built in 1930 on a lot size of 1.99.

Looking for a well-established turnkey business that will start making money as soon as you take possession? The same owner has operated this business for over 40 years and is ready to retire. Last year's gross sales were over $1.3 million dollars. The current owner offers a wide variety of liquor (transferrable license) and beer, lotto, tobacco products, pizza+subs, fresh cut meats, deli foods, baked goods, propane, ice, firewood, besides a large selection of groceries. There is also a 1-bedroom apt. attached that generates income. A creative store owner could potentially create even more income by adding a pizza/sub delivery service and/or building storage units on the nearly two acres (with authorities' approval). The current owners have butchered deer in the past with the meat processing equipment. Bring your ideas and your offers. Possible land contract!!! Motivated seller!!!Land Contract!!!

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Commercial Pending

Price

$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,715

Style

Lot Size

1.99

Year Built

1930

Town/City

London Twp

County/Region

Monroe

MLS | Web ID

57050126749

Features
General
Sewer Septic Tank (Existing)
Year Built 1930
Property Type Commercial
Subdivision Name none
Transaction Type Sale
Status Pending
Short Sale No
Cumulative Days on Market 30
MLS Area London Twp
City London Twp
Terms Offered Cash Contract Conventional
School District Dundee
Land Contract 1
Ownership Status Short Sale - No Private Owned
Street Name Ostrander
Total Sq Ft 8078
DOM 30
Taxes 4716.2300
Legal Description 1081-225 TO 228 SEC 28 TSS R7E. 1.986 A. COM ON E & W 1/4 LI OF SEC 28 AT INT OF SD LI WITH CL OF PLANK RD SD PT LOC 576.35 FT N 88 DEG 04° E FR W 1/4 COR OF SEC 28 & RNG TH N 88 DEG 04' E ALG E & W
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Exterior
Waterfront 0
Lot Size Area 1.99
Water Source Well (Existing)
Foundation Crawl
Lot Size Dimensions 264x326
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Internal Only
Originating MLS Southeastern Border Association of REALTORS®
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* Excluded Features
List By
Dan Rowley

Listing Agent

Synergy Realty Group

Broker

(734) 344-2802

Phone

Affordability Calculator

$4,933
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
$393
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
847980 Elementary School
848181 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/2/2023$650,000 Listed Price

Map


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12763 Ostrander, London Twp, MI, 48159 is a Commercial Property for sale at $650,000 with 8,078 sqft and a lot size of 1.99. 12763 Ostrander is a studio with 0.0 baths and was built in 1930. The property's zip code is 48159 which is in London Twp, MI