Price Reduction - Seller Financing
Address
9518 Genesee St. New Lothrop, MI
Price
$ 399,900
Property Attributes
  • MLS#50036119
  • TypeCommercial
  • CountySHIAWASSEE
  • CityNew Lothrop
  • AreaHazelton Twp
  • NeighborhoodHazelton Twp
  • Zip48460
  • StyleCommercial/Industrial
  • Taxes$ 2861
  • Price$ 399,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3540
  • Lot Size10,890 SqFt
Listing Provided Courtesy Of:
REMAX Right Choice
Data Source:
MiRealSource (MIRS) - 138 - MI
Property Description

Unique opportunity to own the ONLY party store/gas station in the Village of New Lothrop and within 5 miles in any direction! This profitable business has been operating as a party store and gas station for 70+ years. Current owner holds beer & wine license, tobacco license, and lottery license with online terminal. 4 fuel pumps; 2 unleaded and 2 diesel. Additional services include ATM & propane exchange. Notable features include upgraded walk-in cooler with 9-door LED display, spacious coffee bar area, private office, abundant storage space, and 950 sq ft, 2 bedroom apartment with separate utilities. Choose to live in the apartment and operate the business, or rent it out for additional income. Currently not under fuel supply agreement. Seller owns pumps. 15,000 composite tank replaced in 1991. See DocBox for additional information.

Price History
3/12/2021 Listed $589,000
4/23/2021 7% - $549,000
9/13/2021 10% - $499,000
11/2/2021 20% - $399,900

General Features

Class COM/IND/BUS OPP
Commercial Features Delivery Area, Delivery Door, Fixtures, Living Quarters, Living Quarters Attached, Private Restrooms, Restroom(s), Telephone, Underground Utilities, Undrgrnd Storage Tank
Cooling Central A/C
Directions Southwest corner of Easton/Genesee and Saginaw St, on the east end of the Village of New Lothrop
Exterior Features In Ground Tank, Security Lighting
Financial Terms Cash, Conventional, Land Contract, Purchase Money MTG
Heating Forced Air
Listing Area Hazelton Twp (78006)
Municipality Hazelton Twp
Originating Mls East Central Association of REAL
Ownership Corporation
Parking 6-10 Spaces, Off Street, On Site
Roof Asphalt, Shingles
Source Mls MI Real Source
Status Active
Status Active
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Community Well
Water Heater Gas
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Sale Includes Business and Real Estate, Living Quarters
Exterior Aluminum, Aluminum Trim, Brick
Foundation Type Basement
Frontage 98
Lot Description Utilities Underground
Lot Dimensions 98 X104
Lot Size Area 0.25
Roads City/County, Class A, Curbed, Paved Street
Sewer Septic Public Sanitary
Site Depth 112
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 48460

Price
AVG $250K
$400K
Taxes
AVG $2,505
$2,861
Visits
AVG 39
23
Walkscore
AVG 23
20
Data Provided by Walkscore ® not using MLS data