$825,000
Sparta, MI 49345
MLS# 24001662
38356 sqft
1 / 5
Property Description
Successful, well-established grower/retail floral and greenhouse operation demonstrating consistent profits year after year. 5836 sq. ft. retail building houses successful Teleflora business and floral shop. More than 32,000 sq. ft. of greenhouses for growing seed to finished plants & flowers to a number of retail customers throughout Mid-Michigan. This business is the area's go to Garden Center. Financial information available upon execution of NDA and seller approval. Business Allocation: Business Value $275,000; Real Estate Value $550,000.
Details
Maps
Location & Property Info
County: Kent
Street #: 271
Street Direction: N
Street Name: State
Suffix: Street
Post Direction: NW
State: MI
Zip Code: 49345
Zip (4): 1025
Cross Streets: E Division St & N Sparta Ave.
Property Sub-Type: Business Opportunity
Area: Grand Rapids - G
Municipality: Sparta Vllg
Office/Contract Info
Status: Active
Current Price: $825,000
List Price: $825,000
Auction or For Sale: For Sale
List Price/SqFt: 21.51
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-01-04
Current Bldg Use: Retail/Greenhouse
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 2.81
Lot Square Footage: 122404
Lot Dimensions: 370 x 476 x IRR
Year Built: 2005
Road Frontage: 370
# Fin Bldg Lvls: 1
Total # Bldgs: 12
Total SqFt: 38356
Full Baths: 1
Waterfront: No
School District: Sparta
Tax Info
Tax ID #: 41-05-15-428-007
Taxable Value: 158484
SEV: 207000
For Tax Year: 2023
Annual Property Tax: 158484
Tax Year: 2022
Spec Assessment & Type: None
Non-Conforming Use: No
Zoning: VGC
Remarks & Misc
Legal: See attached
Directions: From Apline Ave North (M-37) to Sparta, continue North along State Street approximately 3.5 miles, just North of town.
Additional Details
Total Parking Spaces: 35
Grd Lvl OH Doors: 1
Ceiling Height: 10
Power/Phase: 240/3
SqFt Information
Total Bldg Other SqF: 32520
Total Bldg Retail Sq: 5836
Business Opportunity
# Full Time Employees: 3
# Part Time Employees: 4
Bus. Only Value ($): 350000
Business Description: Florist/Nursery
Business Name: Confidential
Gross Sales 1 Year ($): 620000
Gross Sales 3 Year ($): 1720000
Real Estate Value ($): 475000
Property Features
Uses: Retail; Other
Ownership: LLC
Business Includes: Equipment; Furniture; Real Estate; Other
Construction Type: Frame/Wood; Pole/Wood
Exterior Material: Brick; Stone; Vinyl Siding; Wood Siding
Roofing: Composition; Rubber
Foundation: Other
Below Grade: Basement; Partial
Additional Features: Barrier Free; Bath Common Area; Clearspan; Expandable; Fenced Storage; Multi User Facility; Outdoor Storage; Util Sep Mt
Tenant Pays All: Other
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Cable; Electric; Natural Gas; Public Sewer; Public Water; None
Heat Source: Natural Gas
Heat Type: Forced Air; Heat Pump; Space Heater
Air Conditioning: None
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo; Plat Map; Survey; Other
Docs Req Conf Agrmnt: Financials
Sale Conditions: None
Listing Office: Coldwell Banker Woodland Schmidt Commercial
Listing Agent: Michael Nagelkirk
Last Updated: January - 05 - 2024
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