17300/17310 9 Mile

Retail-Commercial for Sale
Sale Pending
Also listed as Industrial
Catylist Listing ID: 30012381
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related
Status: Pending
Building Size (RSF): 4,330 SF
Gross Building Area: See Agent
Gross Land Area: 0.43 Acres
Sale Price: $169,900
Unit Price: $39.24 PSF
Ceiling: 13 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/20/2017

Overview / Comments

Present use office/auto repair - TWO buildings 2,900 sqft and 1,430 sqft. One overhead door, currently leased month to month $2,000/mo
2015 Property Taxes $7,500
Land Contract terms with $40,000 down, 5 year term, 8% interest

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 14-32-104-031/14-32-104-002
Property Visibility: Excellent
Property Condition: Good
Year Built: 1948
Construction/Siding: Block
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 141
Lot Depth: 157
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,631 200,013 411,312
Median Age: 36.75 36.81 37.54
Households: 10,490 76,924 159,812
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