Dearborn Heights, MI 48125,23804 VAN BORN Road

$300,000

$300,000

Est.Price: ?

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Est. payment /mo

1,092 SqFt


SOLD DATE : 11/20/2023

Key Details

Sold Price $300,000

Property Type Commercial

Sub Type Real Estate Only

Listing Status Sold

Purchase Type For Sale

Square Footage 1,092 sqft

Price per Sqft $274

Subdivision Dearborn-Telegraph-Twnlne Sub-Dbn Hts

MLS Listing ID 20230087398

Sold Date 11/20/23

Originating Board Realcomp II Ltd

Year Built 1948

Annual Tax Amount $4,215

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 186.50 x 66.00

Property Description

7.2% Cap Rate. NNN Lease in place with long term tenants at the site. Great business location situated off of heavily traveled intersection of Telegraph Road and Van Born Road. Many national retailers in the immediate area including Walgreens, Wendys, Aldi, Subway, Burger King, Etc. Property has great exposure with room to expand building (4 additional lots included in the sale). Ample onsite parking.

Location

State MI

County Wayne

Area Dearborn Heights

Zoning Commercial

Direction East of Telegraph on the North side of Van Born

Exterior

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Other

Schools

School District Dearborn Heights

Others

Tax ID 33047020129302

Ownership Short Sale - No,Private Owned

Assessment Amount $10

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Full Service

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Realcomp MLS
Listed by Yousef Beydoun of RE/MAX Team 2000
Bought with RE/MAX Team 2000
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