23365 Hoover

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30051139
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 2,526 SF
Gross Building Area: See Agent
Gross Land Area: 0.53 Acres
Sale Price: $125,000
Unit Price: $49.49 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/25/2017

Overview / Comments

Property sits on a corner. There is a 2,526 Sq. Ft. former bar on site. The property is zoned M-1 industrial, making the property blend well to a variety of uses ranging from commercial/ street retail to industrial. Seller is motivated.

Site Includes:

- Monument Signage
- Block Construction
- 35 Parking Spaces
- 161' of Frontage
- Multiple Lot Splits in place
- Free Standing building on over 1/2 acre

- 2016 Property Taxes: $6,684.32

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb West
Tax ID/APN: 13-27-476-025
Zoning: M1
Side of Street: West
Road Type: Paved
Property Visibility: Excellent
Feet of Frontage: 145
Tenancy: Single Tenant
Property Condition: Good
Year Built: 1963
Parking Type: Surface
Heat Type: Natural Gas
Lot Frontage: 145
Lot Depth: 160
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,494 175,934 489,335
Median Age: 34.86 34.62 36.25
Households: 6,166 64,596 185,187

Source

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