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15365 NEWBURGH Road Livonia, MI 48154 1875
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Key Details
Sold Price $955,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 11,800 sqft
Price per Sqft $80
Subdivision Mi
MLS Listing ID 21651350
Sold Date 09/30/20
Annual Tax Amount $16,651
Lot Size 0.990 Acres
Acres 0.99
Lot Dimensions 110.00X392.00
Property Description
Excellent investment opportunity located at 5 Mile and Newburgh Rd. Strong traffic counts at +/-60,000 AADt. Fully stabilized with long term tenants, property has ingress/egress on both 5 mile and Newburgh. Offers 7% cap rate.
Location
State MI
County Wayne
Area Livonia (82021)
Zoning Commercial
Exterior
Roof Type Asphalt,Other-See Remarks,Rubber
Building
Foundation Slab
Water Public Water
Structure Type Brick,Other
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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