Price Reduction
Address
42345 Garfield Rd Clinton Township, MI
Price
$ 425,000
Property Attributes
  • MLS#40068304
  • TypeCommercial
  • CountyMACOMB
  • CityClinton Township
  • AreaClinton Twp
  • NeighborhoodClinton Twp
  • Zip48038
  • StyleCommercial/Industrial
  • Price$ 425,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1700
Listing Provided Courtesy Of:
Village Real Estate Group LLC
Property Description

Price Reduction!!! Do not approach owner or employees under any circumstances. Fantastic opportunity for owner-operator or investor with 25+ years of successful operation in this location. Favorable DQ franchise agreement which is transferable to new operator. Low rent to sales ratio in a strip mall anchored by USPS. Strong cake sales. Limited food menu keeps costs low and drives higher margins. Fully staffed and equipped for turn-key operation. All Covid-19 protocols are in place with sales showing substantial improvement already. High traffic counts and strong demographics make this a high grossing strip mall location compared to its peers. Substantial revenue upside available from offering delivery and online cake sales. Contact Broker with questions and for Non-Disclosure Agreement (NDA). Sale is subject to approval of new operator and transfer of franchise agreement by Dairy Queen Corporate. This is includes minimum net worth and liquid capital requirements.

Price History
6/19/2020 Listed $500,000
10/5/2020 15% - $425,000

General Features

Class COM/IND/BUS OPP
Directions Garfield and Canal
Financial Terms Cash, Conventional
Heating Other-See Remarks
Legal Description SEC 7; COM AT NE COR SEC 7; TH S01*43'E 1595.55 FT ALG E SEC LINE TO POB; TH CONT S01*43'E 407.32 FT ALG SD SEC LINE; TH W 360.0
Listing Area Clinton Twp (50011)
Municipality Clinton Twp
Originating Mls RealComp
Ownership Private
Source Mls MI Real Source
Status Active
Status Active
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Year Built 1984
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Exterior Brick
Foundation Type Slab
Frontage 450
Lot Dimensions BUSINESS ONLY
Roads Class A
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

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

Property vs Zip Code Average in 48038

Price
AVG $350K
$430K
Visits
AVG 10
7
Year Built
AVG 1987
1984
Walkscore
AVG 48
73
Data Provided by Walkscore ® not using MLS data