12763 Ostrander Corner $650,000

    Close

    12763 Ostrander Corner Maybee, MI 48159

    • 8,078 sq. ft.
    • 1.99 Acres
    • Commercial
    • MLS# 50126749
    Favorite Share
    Views: 34 Days On Site: 386

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Looking for a well-established turnkey business that will start making money as soon as you take possession? The same owner has operated this business for over 40 years and is ready to retire. Last year's gross sales were over $1.3 million dollars. The current owner offers a wide variety of liquor (transferrable license) and beer, lotto, tobacco products, pizza+subs, fresh cut meats, deli foods, baked goods, propane, ice, firewood, besides a large selection of groceries. There is also a 1-bedroom apt. attached that generates income. A creative store owner could potentially create even more income by adding a pizza/sub delivery service and/or building storage units on the nearly two acres (with authorities' approval). The current owners have butchered deer in the past with the meat processing equipment. Bring your ideas and your offers. Possible land contract!!! Motivated seller!!!Land Contract!!!

    • General Features
      • Acreage 1.99
      • Area Municipality London Twp (58010)
      • County Monroe
      • Originating MLS Southeastern Border Association of REALTORS
      • Ownership Private
      • Subdivision none
      • Total SqFt Finished 8078
      • Waterfront Y/N No
      • Year Built 1930
    • Building Features
      • Foundation Type Crawl
    • Property Features
      • Water Private Well
      • Lot Size 264x326
      • Sewer Septic Septic

    Neighborhood

    48159 (Maybee) Demographics

    41 Median Age
    81 Population Density (per sq. mile)
    28% College Educated
    $64,083 Estimated Median Income
    761 Estimated Total Home Owners
    160 Estimated Total Renters
    83% / 17% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    2,489 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $270,000 Median Sales Price
    9 Homes Sold
    0 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $650,000
        11/1/2023 8:37:00 PM New in Database Source: Multiple Listing Service New Value: $650,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.