$120,000
$120,000
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2,000 SqFt
SOLD DATE : 04/21/2022
Key Details
Sold Price $120,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $60
Subdivision A/P # 22 Mt. Clemens
MLS Listing ID 2220026551
Sold Date 04/21/22
Originating Board Realcomp II Ltd
Year Built 1971
Annual Tax Amount $5,141
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 51.00X257.00
Property Description
Great opportunity to own an office along Gratiot Avenue. Zoned MU Mixed-Use, currently configured for three tenants, but could easily be reconfigured for a single tenant. The current tenant (occupies all three spaces) is paying $1,700 per month and is on a month-to-month basis, tenant may be willing to stay on and/or sign a new lease. The lease rate is currently well below the market, with plenty of upside potential.
Location
State MI
County Macomb
Area Mount Clemens
Zoning Commercial
Direction North on Metro Parkway, west on Kibbee St, South on Southbound Gratiot, east into property
Interior
Hot Water Natural Gas
Heating Forced Air
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Built-Up
Road Frontage Class A, Paved, Pub. Sidewalk
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Brick
Schools
School District Mount Clemens
Others
Tax ID 1114379013
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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Bought with National Realty Centers, Inc
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280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States