$385,000
$375,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
758 SqFt
SOLD DATE : 04/26/2021
Key Details
Sold Price $385,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 758 sqft
Price per Sqft $507
Subdivision S/P # 01 Warren
MLS Listing ID 2210012270
Sold Date 04/26/21
Originating Board Realcomp II Ltd
Year Built 1934
Annual Tax Amount $5,671
Lot Size 0.990 Acres
Acres 0.99
Lot Dimensions 77.00X559.00
Property Description
Here is a great opportunity to get into the cannabis industry in Warren - while collecting rental income!
The front half of the parcel is zoned for marijuana cultivation and processing, and currently has a house and garage. The property is leased on a month on a month to month basis to various tenants for storage, and is currently bringing in approximately $5000 per month.
There are many options with this property, from tearing down the house in the front and putting up a building for grow processing, or renovating the existing structure until you are ready to build new.
Location
State MI
County Macomb
Area Warren
Zoning Light Industrial
Direction SW Corner of E 10 Mile Rd & Mound Rd between Lomasney & Sones & North American Specialized Transport
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Road Frontage Paved
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Brick,Vinyl,Wood
Schools
School District Center Line
Others
Tax ID 1329228008
Ownership Short Sale - No,Private Owned
Assessment Amount $164
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Full Service
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Bought with EXP Realty LLC
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