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16125 CLEOPHUS Avenue Allen Park, MI 48101 2515
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Key Details
Sold Price $575,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $47
Subdivision Mi
MLS Listing ID 40123591
Sold Date 04/14/21
Annual Tax Amount $5,126
Lot Size 0.530 Acres
Acres 0.53
Lot Dimensions 83.80X226.00
Property Description
Cash-flowing investment property with over 13,000sf of space just minutes from I-94 & I-75, Metro Airport, rail yard, and the Detroit River. Currently used as a car storage business, this property will generate a return from day one. Capacity for over 50 cars inside and another 20+ outside. Month-to-month lease terms offer flexibility for whatever use you may have. Occupy a portion and rent out the rest to negate costs, or take possession of the entire space immediately if desired. The property is accessible from both Cleophus and Philomene, allowing semi's to pull through if needed. Fully rehabbed living space upstairs complete with kitchen, bedroom, bathroom, & game room adds additional rentable space or use as an office.
Location
State MI
County Wayne
Area Allen Park (82141)
Zoning Industrial
Interior
Heating Forced Air, Radiant, Space Heater
Exterior
Roof Type Metal,Rubber
Building
Foundation Slab
Water Public Water
Structure Type Block,Brick,Log
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Land Contract
Listing Terms Land Contract
Financing Cash,Conventional
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Bought with Hometown Group Real Estate