Property Type:
Commercial Sale
Square Footage:
21,864
Lot Size (sq. ft.):
217,364
Status:
Sold
Current Price:
$1,200,000
List Date:
1/15/2016
Last Modified:
10/22/2021
4020 4066 Red Arrow Highway, Stevensville, MI 49127
$1,000,000
Overview
Description
INVESTOR, OWNER/USER & DEVELOPER OPPORTUNITY! 21,864 SF commercial strip center with endless possibilities. Located across from Walgreens on the NW corner of a very desirable high traffic stoplight intersection of Red Arrow Hwy & Glenlord Rd, approx 1 mile from I-94. Situated in popular & fast-growing area between St. Joseph & Stevensville, this quality well-maintained, clean highly visible property has 12 leasable units between 707 SF to 4075 SF with 250 parking spaces. National lessees are Avis/Budget car rental, Papa John's, & State Farm Insurance. Call for details on this excellent opportunity.
Listing Details MLS# 14038888
Location Property Info
- County
- Berrien
- Street #
- 4020
- Street Name
- Red Arrow
- Suffix
- Highway
- State
- MI
- Zip Code
- 49127
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 4.99
- Lot Square Footage
- 217364
- Lot Dimensions
- 545 x
- Year Built
- 1980
- Road Frontage
- 545
- Listing Number Display
- 14038888
- Total # Units
- 12
- # Fin Bldg Lvls
- Yes
- Total # Bldgs
- Yes
- Total SqFt
- 21864
- Total Net SqFt
- 21864
- Full Baths
- Yes
- Waterfront
- No
- School District
- Lakeshore
Tax Info
- Tax ID #
- 111200090015051
- Taxable Value
- Yes
- SEV
- 910000
- For Tax Year
- 2014
- Seller's Annual Property Tax
- 28648
- Tax Year
- 2013
- Spec Assessment & Type
- none known
- Non-Conforming Use
- No
- Homestead %
- 0
Remarks Misc
- Directions
- Red Arrow to corner of Glenlord (Lincoln Town Center)
Status Change Info
- Under Contract Date
- 2016-06-27
- Sold Date
- 2016-06-27
- Sold Price/SqFt
- 45.74
More Information
Income and Expenses
- Annual Maint ($)
- 9000
- Annual Mgt Fees ($)
- 7000
- Annual Prop Ins ($)
- 6200
- Annual Utilities ($)
- 26000
- Gross Op Income ($)
- 170000
- Net Operating Income
- 100000
- Operating Expense
- 70000
Location & Property Info
- Modifier
- 4066
- Cross Streets
- Glenlord
- Property Sub-Type
- Retail
- Area
- Southwestern Michigan - S
- Municipality
- Lincoln Twp
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 54.88
- Prop Avail for Lease?
- No
Remarks & Misc
- Legal
- 2 additional tax codes: 111200090029027, 111200090015069
Street Type
- Paved
- Yes
- Public
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Bar/Tavern/Lounge
- Yes
- Professional Service
- Yes
- Professional/Office
- Yes
- Restaurant
- Yes
- Retail
- Yes
Construction Type
- Steel
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- LLC
- Yes
Heat Type
- Forced Air
- Yes
Business Includes
- Real Estate
- Yes
Util Avail at St
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Storm Sewer
- Yes
Driveway
- Paved
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Property Features
Uses:
Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail
Ownership:
LLC
Business Includes:
Real Estate
Construction Type:
Steel
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St:
Electricity Available; Natural Gas Available; Phone Available; Storm Sewer
Heat Source:
Natural Gas
Heat Type:
Forced Air
Driveway:
Paved
Street Type:
Paved; Public
Purchase Terms Avail:
Cash; Conventional
Sale Conditions:
None
Documents
floor plan ›
Listing Office:
Core Real Estate, Inc.
Listing Agent:
Joseph Giannola
Last Updated: October - 22 - 2021
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
