$225,000
$249,900
10.0%For more information regarding the value of a property, please contact us for a free consultation.
1,900 SqFt
SOLD DATE : 12/15/2014
Key Details
Sold Price $225,000
Property Type Commercial
Sub Type Commercial,Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 1,900 sqft
Price per Sqft $118
MLS Listing ID 58031208044
Sold Date 12/15/14
Originating Board MiRealSource
Year Built 1954
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 40x80
Property Description
Excellent Opportunity for an Investor or a professional User. Professional Office Building on busy Mack Ave. near I-94 freeway in Grosse Pointe Woods with 7 separate individual offices and common Lobby/Receptionist area. New roof and updated furnace. Basement area for storage with kitchenette. Current total income $42,000/year. Plus 1 vacant office which can be rented at $500/month. Total expenses $13,400/year. Tenants (some are long term) will sign sign leases if requested. Seller will consider Short-Term Land Contract with 25% down for 5-7 years.
Location
State MI
County Wayne
Area Grosse Pointe Woods
Direction North of Moross Rd. (7 Mile Rd.)
Interior
Hot Water Natural Gas
Heating Forced Air
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Other
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Structure Type Block/Concrete/Masonry,Brick
Others
Tax ID 40012010433001
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Land Contract
Listing Terms Cash, Conventional, Land Contract
Financing Cash,Conventional,Land Contract
Special Listing Condition Full Service
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Bought with Beline Obeid Realty
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