Seller Financing
Address
8212-8236 E Twelve Mile Road Rd Warren, MI
Price
$ 698,000
Property Attributes
  • MLS#40120476
  • TypeCommercial
  • CountyMACOMB
  • CityWarren
  • AreaWarren
  • NeighborhoodWarren
  • Zip48093
  • StyleCommercial/Industrial
  • Taxes10098
  • Price$ 698,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6660
Listing Provided Courtesy Of:
Premier One Group Inc
Data Source:
Michigan Multiple Listing Service
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

Class COM/IND/BUS OPP
Cooling Central A/C
Directions ON E 12 MILE ROAD MILE BETWEEN VANDYKE AND HOOVER CORNER OF EVELYN ROAD
Financial Terms Cash, Conventional, Land Contract
Heating Forced Air
Legal Description SEE LEGAL DESCRIPTION PARCEL ID'S 1315105001 1315105002 1315105003
Listing Area Warren (50023)
Municipality Warren
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 9999
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Exterior Brick
Foundation Type Slab
Frontage 145
Lot Dimensions 145x108
Sewer Septic Public At Street
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 48093

Price
AVG $70K
$700K
Taxes
AVG $12,037
$10,098
Visits
AVG 25
18
Walkscore
AVG 46
51
Data Provided by Walkscore ® not using MLS data