820 Ridgeway AveFlint, MI 48505

  • Commercial real estate
  • 1,151 SF
For Sale
$149,900 View listing

Property Details for 820 Ridgeway Ave

Year built
1958
Lot size
0.29 AC
Property size (Sq ft)
1,151 SF
Property type
Commercial real estate
APN
47-30-378-005
APU
4730378005

Description

This expansive 1,151 square foot industrial building, situated on a 0.29-acre lot in Flint, Michigan, presents a unique investment opportunity. Currently configured as a church, this property boasts a rich history of over 40 years of community use. The main structure features a sizable sanctuary, a built-in baptismal font, and ample space for various functions. A lower level fellowship hall includes a convenient kitchenette, adding to the versatility of the space. Multiple offices and Sunday school rooms provide additional functional areas. Accessibility is ensured with a portable ramp, catering to diverse needs. The property also includes a substantial parking lot, complemented by an extra-large adjacent lot offering significant additional parking capacity. This property is ideally suited for a variety of uses, given its size, layout, and existing infrastructure. The asking price is exceptionally competitive, making this an attractive proposition for discerning buyers. Furthermore, the seller is pleased to note that church financing options may be available to qualified purchasers. This presents a rare chance to acquire a well-established building with significant potential for repurposing and future growth in a desirable location. The property's size and ample parking make it suitable for a range of commercial or community-based enterprises.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $225,532
    Hospitality
    $206,586
    Educational
    $171,877
    Medical
    $177,788
    Retail
    $267,364

Location Insight

City
Flint
County
Genesee
State
Michigan
Latitude
43.0617
Longitude
-83.6897
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
$72
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