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8212-8236 E TWELVE MILE ROAD Road Warren, MI 48093
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Key Details
Sold Price $580,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,660 sqft
Price per Sqft $87
MLS Listing ID 40120476
Sold Date 05/14/21
Annual Tax Amount $10,098
Lot Dimensions 145x108
Property Sub-Type Commercial/Industrial
Property Description
SEVEN UNITS---GREAT INVESTMENT OPPORTUNITY. 100% LEASED. LAND CONTRACT AVAILABLE! HARD TO FIND SEVEN COMMERCIAL UNITS ON A STRIP ON BUSY E 12 MILE ROAD, ACROSS FROM SUPER WALMART AND MANY OTHER POPULAR FRANCHISES. ON A BUSY MAJOR STREET WITH AMPLE PARKING FOR ALL BUSINESSES AND CUSTOMERS. CURRENTLY ALL UNITS ARE LEASED OUT WITH POTENTIAL INCREASE IN RENT**** NOTE PROPERTY FOR SALE IS ON THREE PARCELS 1315105001-1315105002-1315105003-- TOTAL COMBINED LOT AND BUILDING - SQ FT APPROX 15,682. PROPERTY TAXES UNDER 11K!! TOTAL AND 8.3% CAP RATE. OWNER HAS MAINTAINED THIS PROPERTY FOR YEARS, MANY FUNCTIONAL UPDATES IN THE RECENT YEARS. VARIOUS UNITS UPDATED WITH EITHER NEW ROOFTOP HVAC/FURNACE/WATER TANK 2017. SEPERATE METERS. ROOF IS APPROX 10 YEARS OLD. ALL TENANTS ARE IN VARIOUS BUSINESSES. PRICED TO SELL. OWNER IS RELATED TO BROKER. CALL FOR A WALK THRU APPOINTMENT. PLEASE DO NOT APPROACH TENANTS.
Location
State MI
County Macomb
Area Macomb Twp (50008)
Zoning Commercial
Interior
Heating Forced Air
Building
Foundation Slab
Water Public Water
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with Premier One Group Inc