4918 Clio RdFlint, MI 48504
- Commercial real estate
- 3,030 SF
Property Details for 4918 Clio Rd
- Year built
- 1956
- Lot size
- 0.24 AC
- Property size (Sq ft)
- 3,030 SF
- Property type
- Commercial real estate
- APN
- 46-35-102-010
- APU
- 4635102010
Description
This exceptional investment opportunity presents a 3,030 square foot mixed-use building located at 4918 Clio Rd, Flint, Michigan, 48504. Built in 1956, this single-story property sits on a 0.24-acre lot and is zoned for commercial use. The asking price is $89,900, translating to a price per square foot of $29.67. The building offers separately metered spaces, making it ideal for a variety of businesses. Potential uses include, but are not limited to, insurance agencies, tax services, medical offices, cell phone retailers, hair and nail salons, and legal practices. The flexible layout allows for the possibility of renting one space while occupying the other. A five-year lease term is available. This property presents a compelling investment opportunity with a significant price reduction and attractive financing options. The land contract terms include a $25,000 down payment, 10% interest, a $1,000 monthly payment, and a five-year balloon payment. The property's location in Genesee County provides convenient access to local amenities and a strong customer base. Don't miss this chance to acquire a well-positioned commercial property in a thriving market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $593,711
- Hospitality
- $543,836
- Educational
- $452,466
- Medical
- $468,026
- Retail
- $703,835
Location Insight
- City
- Flint
- County
- Genesee
- State
- Michigan
- Latitude
- 43.0589
- Longitude
- -83.7327
- CBSA code
- 22420
- CBSA name
- FLINT, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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