Address
8212-8236 E Twelve Mile Road Road Warren, MI
Price
$ 698,000
Property Attributes
- ML#2200091327
- TypeCommercial
- CountyMACOMB
- CityWarren
- AreaMacomb Twp
- Zip48093
- StyleCOMMERCIAL RETAIL
- Taxes10098
- Price$ 698,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6660
Listing Provided Courtesy Of:
Premier One Group Inc
Property Description
SEVEN UNITS---GREAT INVESTMENT OPPORTUNITY. 100% LEASED. LAND CONTRACT AVAILABLE! HARD TO FIND SEVEN COMMERCIAL UNITS ON A STRIP ON BUSY E 12 MILE ROAD, ACROSS FROM SUPER WALMART AND MANY OTHER POPULAR FRANCHISES. ON A BUSY MAJOR STREET WITH AMPLE PARKING FOR ALL BUSINESSES AND CUSTOMERS. CURRENTLY ALL UNITS ARE LEASED OUT WITH POTENTIAL INCREASE IN RENT**** NOTE PROPERTY FOR SALE IS ON THREE PARCELS 1315105001-1315105002-1315105003-- TOTAL COMBINED LOT AND BUILDING - SQ FT APPROX 15,682. PROPERTY TAXES UNDER 11K!! TOTAL AND 8.3% CAP RATE. OWNER HAS MAINTAINED THIS PROPERTY FOR YEARS, MANY FUNCTIONAL UPDATES IN THE RECENT YEARS. VARIOUS UNITS UPDATED WITH EITHER NEW ROOFTOP HVAC/FURNACE/WATER TANK 2017. SEPERATE METERS. ROOF IS APPROX 10 YEARS OLD. ALL TENANTS ARE IN VARIOUS BUSINESSES. PRICED TO SELL. OWNER IS RELATED TO BROKER. CALL FOR A WALK THRU APPOINTMENT. PLEASE DO NOT APPROACH TENANTS.
| Price History | |
|---|---|
| 11/4/2020 | Listed $698,000 |
General Features
| Commercial Type | Commercial, Real Estate Only |
|---|---|
| Construction Materials | Brick |
| Cumulative Days on Market | 68 |
| Current Use | COMMERCIAL RETAIL |
| Deposit Amount | 200000.00 |
| Gross Scheduled Income | 79800.00 |
| Heating | Central Air, Forced Air |
| Land Contract | Yes |
| Listing Agent Public Id | 304648 |
| Net Operating Income | 58048.00 |
| Operating Expense | 21752.00 |
| Originating MLS | Realcomp II Ltd |
| Ownership Status | Private Owned, Short Sale - No |
| Parcel Number | 1315105001 |
| Possession | At Close |
| Property Type | Commercial |
| School District | Warren Con |
| Sewer | Sewer at Street |
| Short Sale | No |
| Status | Active |
| Terms Offered | Cash, Conventional, Land Contract |
| Total Sq Ft | 6660 |
| Transaction Type | Sale |
| Year Built | 9999 |
| Year Remodeled | 2017 |
| Zoning | Commercial |
Interior Features
| Heating Fuel | Natural Gas |
|---|
Exterior Features
| Architecture Level | 1 Story |
|---|---|
| Foundation | Slab |
| Foundation Materials | Brick |
| Frontage Feet | 145 |
| Lot Size Area | 0.00 |
| Lot Size Dimensions | 145x108 |
| Water Source | Municipal Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
IDX provided courtesy of Realcomp II Ltd., via Best Life and Co and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is updated as of January 17, 2021 6:35 AM UTC Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd
Property vs Zip Code Average in 48093
Price
Taxes
Visits
Walkscore
