$965,000
$999,999
3.5%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
10,325 SqFt
SOLD DATE : 12/29/2021
Key Details
Sold Price $965,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,325 sqft
Price per Sqft $93
Subdivision Assr'S Richland State Sub
MLS Listing ID 2210009386
Sold Date 12/29/21
Bedrooms 9
Originating Board Realcomp II Ltd
Year Built 1950
Annual Tax Amount $11,316
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 164 X 105 X 100 X 116
Property Description
PHENOMENAL INVESTMENT OPPORTUNITY! COMMERCIAL STOREFRONT AND 9 FULLY OCCUPIED APARTMENT UNITS!!! WELL-MAINTAINED BY THE SAME OWNER FOR OVER 20 YEARS, IMPROVEMENTS INCLUDE UPDATED FURNACE, CENTRAL AIR, CONCRETE WORK, WINDOWS, DOORS, PLUMBING, ELECTRICAL, EXTERIOR WALLS, AND COMPLETE REMODEL OF THE ENTIRE BUILDING INSIDE AND OUT! COMMERCIAL SPACE MEASURED AT 5,400 SQFT INCLUDES OVER 2000 SQ FT OF WAREHOUSE AND STORAGE SPACE THAT CAN BE CONVERTED TO ADDITIONAL APARTMENTS FOR ADDED INCOME! EXPANSIVE PARKING LOT AND SHIPPING DOOR CAN EXCEPT DELIVERIES FROM LARGEST SHIPPING TRUCKS. EXCELLENT LOCATION WITH A STRONG RESIDENTIAL AND COMMERCIAL NEIGHBORHOOD, CONVENIENTLY LOCATED WITHIN MINUTES OF DOWNTOWN FARMINGTON, EXPRESSWAYS, AND MORE SHOPPING! ADJACENT TO CITY OF FARMINGTON HILLS FIRE DEPARTMENT!!
Location
State MI
County Oakland
Area Farmington Hills
Zoning Commercial,Multi-Family
Direction NORTH OF 8 MILE RD AND EAST OF MIDDLEBELT RD
Interior
Hot Water Natural Gas
Heating Forced Air
Heat Source Natural Gas
Exterior
Pool No
Utilities Available Smoke Alarm
Roof Type Rubber
Road Frontage Paved, Pub. Sidewalk
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Level or Stories 2 Story
Structure Type Block/Concrete/Masonry,Stone
Schools
School District Clarenceville
Others
Tax ID 2336302008
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Rebuilt Year 2020
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Max Broock, REALTORS®-Birmingham
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "