Waterford Twp, MI 48328,2505 W PONTIAC LAKE Road E

$230,000

$250,900

8.3%
Est.Price: ?

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Est. payment /mo

4,680 SqFt


SOLD DATE : 01/14/2022

Key Details

Sold Price $230,000

Property Type Commercial

Sub Type Real Estate Only

Listing Status Sold

Purchase Type For Sale

Square Footage 4,680 sqft

Price per Sqft $49

Subdivision Suprvr'S Plat No 15 - Waterford Twp

MLS Listing ID 2210010595

Sold Date 01/14/22

Originating Board Realcomp II Ltd

Year Built 1981

Annual Tax Amount $6,911

Lot Dimensions 170x225x250x200

Property Description

Free standing building, 4,680 square feet on 0.92 acre of land. Paved lot with 80 parking spaces. Corner property with exposure on busy Pontiac Lake Road. Double entrance off of side road. Can be split into smaller spaces for retail use. Was used as a restaurant and some equipment is available and included in the selling price. DRIVE THRU and PATIO may be added with Township approval. Rent or buy with option at this low price. Low monthly purchase or lease payments. $250,900.00 is a cash sale and the price is $329,000.00 with 25% down on a Land Contract with 6% interest and for 60 months.
Bring all offers. Lease at $3,850.00 ($9.87 per square foot), $3,850.00 Net, Net, Net. Price reduced for quick lease or sale, cash or mortgage.

Must obey all state rules regarding contact and wearing a approved mask. Appointment only to view interior. Agent must accompany buyer for showing.

Location

State MI

County Oakland

Area Waterford Twp

Zoning Commercial,Light Industrial,Office,Recreation

Direction Telegraph Road to Pontiac Lake Road turn West to subject

Interior

Hot Water Natural Gas

Heating Forced Air

Heat Source Natural Gas

Exterior

Utilities Available 220V Available, 440V Available

Waterfront no

Accessibility Accessible Doors, Accessible Entrance

Road Frontage Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Block/Concrete/Masonry,Stucco,Wood

Schools

School District Waterford

Others

Tax ID 1324327051

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Gross Lease, Lease With Option, Net Lease, Quit Claims Deed, Triple Net Lease

Listing Terms Cash, Conventional, Gross Lease, Lease With Option, Net Lease, Quit Claims Deed, Triple Net Lease

Financing Cash,Conventional,Gross Lease,Lease With Option,Net Lease,Quit Claims Deed,Triple Net Lease

Special Listing Condition Full Service

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Realcomp MLS
Listed by Joseph A Nahra of Joseph A. Nahra
Bought with Joseph A. Nahra

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JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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