Spruce MI Commercial for Sale

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Type:
Industrial
Sq.Ft.:
2,000
Status:
Active
Beds:
n/a
Lot size:
0.51 Acres
Year built:
1919
Baths:
MLS#:
60277378

ADDITIONAL INFORMATION

Perfect opportunity to own your own business. A well-established 2000 square feet commercial convenience store and gas station, with a SDM (beer, wine) license, SDD (spirits) liquor license, Michigan lottery, cigarettes, with full-service pizzeria and deli counter, all on two parcels of real estate totaling 2.59 acres. Accessible wheelchair ramp. Includes 2 compressors, deli counter, vendor coolers, 2 pizza ovens, 3 bay sink and 4 freezers, coffee pots, hot dog roller machine, turn style pizza warmer, cash register, and all inventory (excluding liquor, beer and wine). Gas station has 2 pumps with a 12-thousand-gallon Double-wall Fiberglass tank (3 compartments, 5000-gallon regular, 2000-gallon premium, 5000-gallon diesel tank). Also has a 40x 15 concrete block storage building. Huge growth opportunity, the convenience store sits on .51 acres (parcel ID 022001400006700), but there is also an additional 2.08 acres (parcel ID 0220014000006500). Leaves plenty of room to expand with road frontage on all three sides. Paved driveway and parking lot with four access (egress) driveway with two on F-41 and two on US-23. Includes the entire block that runs from US Highway 23, Highway F-41, and East Spruce Road. US Highway 23 was just redone the summer of 2023. Sold "AS IS". There will need to be two purchase agreements necessary. One to purchase convenience store and one to purchase the real estate. Buyer is responsible for getting all the necessary licenses transferred before closing.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


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Spruce Real Estate

The median home value in Spruce, MI is $167,500. This is higher than the county median home value of $131,300. The national median home value is $338,100. The average price of homes sold in Spruce, MI is $167,500. Approximately 46.82% of Spruce homes are owned, compared to 1.59% rented, while 51.59% are vacant. Spruce real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Spruce real estate agent to arrange a tour today!

Spruce, Michigan has a population of 1,072. Spruce is less family-centric than the surrounding county with 15.79% of the households containing married families with children. The county average for households married with children is 16.15%.

The median household income in Spruce, Michigan is $54,327. The median household income for the surrounding county is $46,187 compared to the national median of $69,021. The median age of people living in Spruce is 59.1 years.

Spruce Weather

The average high temperature in July is 77.5 degrees, with an average low temperature in January of 12.9 degrees. The average rainfall is approximately 29.6 inches per year, with 64.9 inches of snow per year.

Spruce Real Estate Market Conditions

  • Median sales price

    $167,500
    14.8% change since last quarter
  • # Active listings

    15
    30-day change

Spruce Schools and Demographics

Education near Spruce, MI

Metric City County
High School Graduates 92.25 90.43
College Degree - 2 year 12.22 9.24
College Degree - 4 year 15.98 19.43
Graduate Degree 4.58 5.89
Expenditures per Student 14,051 14,051
Students per Teacher 10.8 10.8

Elementary Schools near Spruce, MI

School Grades Students P/T Ratio ZIP
Alcona Elementary School KG - 06 362 19.1 48742
Besser Elementary School KG - 05 352 19.4 49707
Bingham Arts Academy PK - 05 117 13.8 49707
Ella M. White School KG - 05 416 19.6 49707
Hinks School KG - 05 140 16 49707
Lincoln Community School KG - 05 152 17.7 49707
Sanborn School KG - 05 186 16.4 49766
Wilson Community School KG - 05 247 19.6 49744

Middle Schools near Spruce, MI

School Grades Students P/T Ratio ZIP
Thunder Bay Junior High School 06 - 08 905 19.3 49707

High Schools near Spruce, MI

School Grades Students P/T Ratio ZIP
Alcona Community High School 07 - 12 364 20.3 48742
Alpena High School 09 - 12 1,315 22.7 49707

Ungraded Schools near Spruce, MI

School Grades Students P/T Ratio ZIP
* Oxbow Aces Academy/Alternative and Adult Ed 07 - 12 115 12.3 49707
Pied Piper School KG - 12 25 5 49707

Demographics near Spruce, MI

Metric City County
Neighborhood Type Small Town
Population 1,072 10,138
Population Density 24 15
Median Age 59.1 58.7
People per Household 2.2 2.1
Median Household Income 54,327 46,187
Average Income per Capita 32,515 28,615