4018 Corunna RdFlint, MI 48532

  • Commercial real estate
  • 3,500 SF
For Sale
$499,000 View listing

Property Details for 4018 Corunna Rd

Year built
1983
Lot size
0.61 AC
Property size (Sq ft)
3,500 SF
Property type
Commercial real estate
APN
40-15-458-013
APU
4015458013

Description

This attractive, vacant retail building presents a unique investment opportunity. Located at 4018 Corunna Rd, Flint, MI 48532, this 3,500 square foot property sits on a 0.67-acre lot with 124 feet of frontage on a high-traffic road. Built in 1983 and extensively renovated in 2019, the building features a stone and brick exterior and offers excellent visibility and accessibility. The property boasts two dining areas, a banquet room, and a granite bar, previously accommodating over 100 seats. Ample parking is available with at least 40 spaces. The property's convenient location provides easy access to I-75, I-69, and US-23, ensuring high traffic volume and excellent exposure. The building is zoned for commercial use and is offered at an asking price of $499,000. The property's previous use as a family-owned restaurant for over 40 years speaks to its established location and potential for continued success. This is a turnkey opportunity for a variety of retail businesses seeking a high-visibility location with significant existing infrastructure. The property's APN is 4015458013.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $685,805
    Hospitality
    $628,194
    Educational
    $522,650
    Medical
    $540,625
    Retail
    $813,011

Location Insight

City
Flint
County
Genesee
State
Michigan
Latitude
43.0027
Longitude
-83.7404
CBSA code
22420
CBSA name
FLINT, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,600
-
-
$118,700
-
-
-
$237,400

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