3402 Davison RdFlint, MI 48506

  • Commercial real estate
  • 3,467 SF
For Sale
$349,900 View listing

Property Details for 3402 Davison Rd

Year built
1946
Lot size
0.11 AC
Property size (Sq ft)
3,467 SF
Zone code
D3
Property type
Commercial real estate
APN
41-09-202-002
APU
4109202002

Description

This established Flint restaurant presents a unique investment opportunity. The 3,467 square foot building, situated on a 0.27-acre lot (with an optional adjacent 1802 Earlmoor lot available for $50,000), boasts a spacious dining area seating approximately 170 guests. Currently operating 24 hours, the business features a busy drive-thru window, even with the dining room closing after dinner service. The kitchen is equipped with newer appliances, including two fryers, a six-year-old flat grill, a six-burner stove, a steam table, a walk-in refrigerator, a walk-in cooler, and a dishwasher. The property is zoned commercial and was built in 1878, featuring one story. The asking price is $349,900, with a price per square foot of $173.03. The net rentable square footage is 4,000 square feet. Financial information is available upon the signing of a non-disclosure agreement. The seller is willing to provide up to two weeks of training for the new owner. The sale includes the building, business, and all equipment. This is a turnkey operation ready for a new owner. Note: Employees are unaware of the sale

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $679,339
    Hospitality
    $622,271
    Educational
    $517,722
    Medical
    $535,527
    Retail
    $805,346

Location Insight

City
Flint
County
Genesee
State
Michigan
Latitude
43.0329
Longitude
-83.6438
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
$5,337
-
-
$97,700
-
-
-
$195,400

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