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4141 W WALTON BLVD Waterford, MI 48329 4179
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Key Details
Sold Price $772,500
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,112 sqft
Price per Sqft $95
Subdivision Mi
MLS Listing ID 40243147
Sold Date 02/28/22
Annual Tax Amount $20,490
Lot Size 0.810 Acres
Acres 0.81
Lot Dimensions 80.00X442.00
Property Description
INVESTMENT HIGHLIGHTS: Strong in-place tenant with 2% annual increases 12/31/25 lease expiration 8,000 SF finished lower level not included in RSF Adjacent 0.54 acre lot available Located in an office park with excellent road visibility/exposure Close to US-24 FINANCIAL SUMMARY: Asking Office Building Price: $799,000 RSF: 8,112 (8,000 SF finished lower level) In-Place NOI: $72,293 In-Place Cap Rate: 9.05% Occupancy: 100% Year Built: 1990 0.54 Acre Vacant Lot: $100,000 TOTAL PURCHASE PRICE: $899,000
Location
State MI
County Oakland
Area Waterford Twp (63131)
Zoning Professional Office
Interior
Heating Forced Air
Building
Foundation Basement
Water Public Water
Structure Type Block,Brick
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with D A D Agency