$215,000

6543 Park Avenue

Allen Park MI, 48101

Description

Imagine yourself taking over this iconic business in the heart of Downtown Allen Park. Fancy Pastry Shop has been a staple in Metro Detroit since the 1930s. This well established turn key business and building was updated in 2016 and all of the fixtures and appliances stay with the business. With over 1,700 total sq ft there is more than enough room for all of your business needs. As an added bonus, the adjacent building located in the rear, 400 sq ft suite with a private bathroom and separate utilities is included in the sale. This will be a great space for an office, supply room, or an income opportunity to lease out. Building is also available on affordable land contract terms with a 15 yr Amortization and a 60 month Balloon payment of $113,938 you can refinance typically with any bank. Income Statements will be provided to serious buyers with proof of funds upon request. All appointments are made through listing agent John M. Peszko.

Details

MLS#219062732
StyleRetail
Sub-TypeResale
StatusActive
Year1954
Days On Site139

Features

SQ Feet1,760
Story(s)1
Units1
ZoningCommercial

Market Activity 48101

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Area Information

StateMI
CountyWayne
CityAllen Park
Zip Code48101
AreaAllen Park
Listing VS Median (in 48101)
Price:
$215,000
low | high
Med:
$139,700
85.023255813953% of Average
SqFt:
1,760
low | high
Med:
1,083
88.465909090909% of Average
$ / SqFt:
$122
low | high
Med:
$129
44.405291073461% of Average
On Site:
139
low | high
Med:
60
100% of Average
Listing Updated: 11/11/2019
MLS Number: 219062732
Listing Provided By:
John Peszko  of  AmeriTrust Realty Corporation
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by realcomp II Ltd.® MLS.