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Escanaba, MICommercial
101 North 30th Street, Escanaba, MI, 49829
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This asset has sold. The record stays published — the terms, the photography and the process are the evidence for how the next one gets handled.
Historical sale record. Property details reflect the original listing.
NOI $104,755.26
2015 Taxes:
PIN #: 051-420-2825-300-005
2015 Summer Tax: $2,448.30
2015 Winter Tax: $2,211.85
PIN #: 051-430-0000-135-100
2015 Summer Tax: $7.63
2015 Winter Tax: $4.16
PIN #: 051-420-2825-300-009
2015 Summer Tax: $1,201.86
2015 Winter Tax: $1,085.80
Zoning: Class F / Light Manufacturing
Situated on approx. 3 acres of commercial zoned land and located on one of the busiest corners in Michigan's Upper Peninsula, this currently operating Flower & Garden Center has 5 greenhouses, a store, a nursery, a brick yard, a 50′ x 120′ pole building, and an income producing billboard.
Ideally located for retail use with 275' of frontage on North 30th Street and 400' of frontage on Ludington Street (U.S. 2 & 41), this property is on the North West corner of the intersection of Ludington Street and North 30th Street in Escanaba, Michigan. The property has 3 entrances and exits on First Avenue North. Traffic counts of 12,600 VPD.
This property is also located in close proximity to large retailers and other attractions, including: Menards, the new Meijer grocery store, Walmart, multiple hotels, the only movie theater in town, and the mall. As such, this is an excellent site for development that offers great commercial presence in the area.
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A Comparable Mandate
This transaction is published in full because the record is the argument. If you are holding something similar — as owner, lender, receiver or counsel — that is the conversation to have.
19 photographs — scroll the strip or choose a frame below.
Flinn's Flower & Garden Center has been operating since 1987 and offers annuals, perennials, trees, shrubs, sod, home decor, a full service floral department, pond supplies, lawn maintenance, landscape design an installation, snow plowing and removal, Christmas decorating, fresh wreaths and garland.
The seller is willing to remove the greenhouses at seller's expense, should the purchaser prefer it.
Offered in Cooperation with SVN Property Investment Advisors, LLC, Michigan License # 6505337757; Robert James Pliska , Michigan License #6502337758
This asset is no longer available. The process that sold it — the marketing, the buyer pool, the reporting a court or a credit committee will accept — is the part that transfers.
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