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477 Auburn Avenue

Pontiac, MI 48342
  • $5,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 20230002870
$5,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 704
    SQFT
  • $7
    $/SQFT
Type:
Commercial-Lease
Built:
1964
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
irregular

School Ratings & Info

School District:

Description

Turn-key ice cream/sandwich/cookie shop in great condition. Leone's Frosty Treat has been proudly serving the Pontiac community for 58 years! Loyal customer base with 5.3K fans on Facebook and over 100+ customers daily! Excellent money maker and tons of potential to increase profits even more...$$$...Currently grossing over $30K monthly on limited hours (1-7 PM) Huge lot for tons of available parking and potential added uses! Examples to potentially increase revenue include: (longer work hours, use of Square POS system, open more months in the year (Currently only 7), possible drive-thru and expansion opportunity with huge lot and adjacent property as well), adding more food options such as hot dogs, nachos, etc!). Recent improvements include: Driveway/Gates, security and surveillance system, POS (Square) system, new refrigerator(s),freezers, and Microwave. Equipment alone has a value of $100k with two Taylor Ice Cream machines, Blenders, slush machine, convection oven, etc. This business & property is also available for Sale! (MLS#-20230002834) Please contact agent for more details.



IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-02-07T23:57:09.9.
www.nexushomesearch.com/homes/136009032
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477 Auburn Avenue Pontiac, MI 48342

  • Price: $5,000
  • Status: Active
  • On Site: 26 Days
  • ID#: 20230002870
0
Beds
0
Baths
0
½ Baths
0.23
Acres
704
SQFT
$7
$/SQFT
1964
Built
Neighborhood:
Citizen's Development Co Add
County:
Oakland
Area:
Pontiac
School District:
PONTIAC
Property Description
Turn-key ice cream/sandwich/cookie shop in great condition. Leone's Frosty Treat has been proudly serving the Pontiac community for 58 years! Loyal customer base with 5.3K fans on Facebook and over 100+ customers daily! Excellent money maker and tons of potential to increase profits even more...$$$...Currently grossing over $30K monthly on limited hours (1-7 PM) Huge lot for tons of available parking and potential added uses! Examples to potentially increase revenue include: (longer work hours, use of Square POS system, open more months in the year (Currently only 7), possible drive-thru and expansion opportunity with huge lot and adjacent property as well), adding more food options such as hot dogs, nachos, etc!). Recent improvements include: Driveway/Gates, security and surveillance system, POS (Square) system, new refrigerator(s),freezers, and Microwave. Equipment alone has a value of $100k with two Taylor Ice Cream machines, Blenders, slush machine, convection oven, etc. This business & property is also available for Sale! (MLS#-20230002834) Please contact agent for more details.
Exterior Features

Architecture Level 1 Story Construction Materials Block/Concrete/Masonry Foundation Details Slab Lot Size Dimensions irregular Road Frontage Feet 110 Road Frontage Type Class AClass B Waterfront YN No

Interior Features

Building Area Source Public Records Heating Cooling Forced Air Heating Fuel Natural Gas Sq Ft Main 704 Sq Ft Office 50

Property Features

Commercial Type Business And Real Estate Current Use Ice Cream/Sandwich/Cookie Shop Existing Lease YN No Gross Scheduled Income 224000.00 Inventory Included YN No Land Contract YN No Listing Financing Lease Operating Expense 168000.00 Possession At Close Postal City Pontiac Protection Period 180 Rent Includes Water/Sewer Settlement City Sewer Sewer At Street Short Sale Unknown Unparsed Address 477 Auburn Avenue Water Source Water At Street Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Axis Real Estate: (248) 396-7753 and Realcomp, ©2023 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-02-07T23:57:09.9.
 
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