Remarks

Explore this investment property featuring a Little Caesars franchise and a boxing gym, offered at $650,000. The 3,348 sq. ft. building generates a net income of approximately $42,000 annually, with the pizzeria contributing $3,300 in monthly rent. The Little Caesars is secured with a five-year lease and options to renew for up to 15 years, with annual rent increases. The boxing gym operates on a month-to-month lease, providing flexibility and potential for increased rental income. All operating expenses are covered by the tenants. This property represents a solid investment opportunity with growth potential.

Details

MLS#: 20240066763
Price: $650,000

Style: Real Estate Only
Sq Ft: 0
Year Built: 1965

County: Washtenaw
Subdivision: WAGNER MCCOMB BLVD GARDENS SUB
Lot Size: 0.10
Tax Fee: 13700.0

School District: Ann Arbor