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5036 Richfield Rd 1,260 SF 50% Leased Retail Building Flint, MI 48506 $95,086 CAD ($75.46 CAD/SF)
Investment Highlights
- Main Intersection
- Clear slate on unleased side
- Value Add
Executive Summary
Commercial opportunity on Richfield Rd! Approx. 1,260 sq ft two-unit building with one leased hair salon at $400/month (tenant pays utilities) and one vacant unit (former pizzeria) ready for lease-up or owner-user occupancy. Located on a 60’ x 125’ lot with on-site parking. Ideal for investors seeking value-add potential or business owners looking to offset occupancy costs with rental income. Suitable for retail, office, personal services, or food use (buyer to verify).
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,260 SF
Building Class
B
Year Built
1955
Price
$95,086 CAD
Price Per SF
$75.46 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.17 AC
Zoning
Commercial - Commercial Zoned District
Parking
10 Spaces (7.94 Spaces per 1,000 SF Leased)
Frontage
200’ on Richfield Rd
Amenities
- Tenant Controlled HVAC
- Air Conditioning
Property Taxes
| Parcel Number | 11-35-555-013 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $68,015 CAD |
Property Taxes
Parcel Number
11-35-555-013
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$68,015 CAD
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RE/MAX New Image-Midland Rd
5036 Richfield Rd
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