Address
28728 Grand River Ave Farmington, MI
Price
$ 950,000
Property Attributes
  • MLS#40097774
  • TypeCommercial
  • CountyOAKLAND
  • CityFarmington
  • AreaFarmington
  • NeighborhoodFarmington
  • Zip48336
  • StyleCommercial/Industrial
  • Year Built1970
  • Taxes10273
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5416
Listing Provided Courtesy Of:
Vision One Realty
Property Description

Great opportunity for a real estate investment! Are you looking to become a proprietor to a land investment where the occupancy is consistently 100% each month? Furthermore, does the idea of netting a large profit from a party store appeal to you? This package deal is perfect for investors looking to take advantage of a strong economy and dramatically boost profits for their business investments. The income will be drawn from two sources since it is a package deal. The mobile home park is situated on 1.1 acres of land, including 22 mobile homes, 20 of which are rented weekly for $75-105. Each month's income is averaged at $6,500. The is also possibility to sell the property after 218071503 has been sold. The commercial retail is a business and building with a gross weekly income of $15,000. The yearly lotto profit is over 70,000. Consistent monthly income and the opportunity to profit from a sale will be a great bonus to any investor. Act now to take advantage of this fantastic deal

Price History
9/1/2020 Listed $950,000

General Features

Class COM/IND/BUS OPP
Cooling Central A/C
Directions North of Grand River Ave and East of Middlebelt
Financial Terms Cash
Heating Forced Air
Legal Description T1N, R9E, SEC 36 SUPERVISOR'S SUB NO 5 PARTS OF LOTS 110, 111 & 112 DESC AS BEG AT PT DIST N 59-35-00 W 15.43 FT ON SLY
Listing Area Farmington (63263)
Municipality Farmington
Originating Mls RealComp
Ownership Private
Source Mls MI Real Source
Status Active
Status Active
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Year Built 1970
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Sale Includes Business and Real Estate
Exterior Brick
Foundation Type Slab
Frontage 80
Lot Dimensions 80X120
Sewer Septic Public Sanitary
Waterfront Y/N No

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

Property vs Zip Code Average in 48336

Price
AVG $360K
$950K
Taxes
AVG $12,373
$10,273
Visits
AVG 20
14
Year Built
AVG 1971
1970
Walkscore
AVG 53
57
Data Provided by Walkscore ® not using MLS data