THIS IS ONE RARE OPPORTUNITY. PROFITABLE GROCERY STORE (BABYLON FRUIT MARKET ) IN THE HEART OF STERLING HEIGHTS. BUSINESS HAS BEEN OPEN OVER 20 YEARS. THIS GROCERY STORE HAS BEEN SERVING THE COMMUNITY WITH FRESH FRUIT, PRIME MEATS AND SO MUCH MORE. CUSTOM BAKERY PRODUCTS COOKED ON SITE FROM SCRATCH DAILY. BULK FOODS, CANNED GOODS AND MUCH MORE. YOU MUST SEE THE INSIDE TO FULLY APPRECIATE THE VALUE OF THIS BUSINESS, MOTIVATED SELLER WILLING TO TRAIN RIGHT INDIVIDUAL TO ASSIST IN GETTING THE PLACE CHANGED OVER TO NEW OWNERSHIP. GROSS SALES APPROXIMATELY 1.9 MILLION. OWNER WISHES TO RETIRE AND IS MOTIVATED FOR RIGHT OFFER.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Unknown
County
Macomb County
APN
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Basement
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Accessible
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Last updated by owner on Sep 14, 2024.
C-1
Local Convenience Business District
The C-1 Local Convenience Business District is designated to meet the day-to-day convenience shopping and service needs of persons residing in adjacent residential areas. Protection of nearby residential districts is considered of importance; thus, businesses which tend to be a nuisance to immediately surrounding residential areas are excluded, even though the goods sold or services offered might fall within the convenience classification.; It is further the intent of this district to provide these goods and services in a physical setting that is compatible with surrounding residential neighborhoods and which are of a neighborhood size and character. Whenever possible, local convenience business districts should be developed with consolidated site features to provide for a continuity of appearance and function and to minimize any negative impacts on nearby residential neighborhoods or the city’s thoroughfare system. A more intense use, such as a supermarket, shall be permitted in this district only if: the goods and services offered from within the use are limited to those which are permissible under the permitted uses of that district; and the proposed use primarily serves the convenience needs of the immediately surrounding residential areas rather than satisfying the convenience and comparison shopping needs of a broader market area.
Permitted uses
Include but are not limited to:
Bank
Laundromat
General retail
Retail-Grocery
Infrastructure
Office
Medical office
Property details
Exterior
Property Information
Year Built: 19
Lot Information
Lot Size: 0
Land Contract Terms Months: 24
Land Contract Monthly Payment: $5,400
Land Contract Interest Rate: 7
Land Information
Frontage: 35
Location
Mult-Unit Information
Net Operating Income: $180,000
Address Information
Street Designation: Road
Location Details
Directions: south on 16 mile and east on ryan
Municipality Type: City
Municipality: Sterling Heights
Area (Municipality): Sterling Heights (50012)
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Unknown
Year Built: —
Year Renovated: —
County: Macomb County
APN: —
Home facts updated by county records on Sep 14, 2024
Around this home
Schools
Jefferson Elementary School
Public PreK-5 • Assigned • 0.5mi
8/10
Grissom Middle School
Public 6-8 • Assigned • 0.6mi
6/10
Sterling Heights Senior High School
Public 9-12 • Assigned • 3.7mi
6/10
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Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Sterling Heights, MI • 48310 4455
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