White Lake Over 500 ft. Frontage M-59

Special Purpose for Sale
Catylist Listing ID: 30164287
Property Subtypes: Funeral Home/Mortuary, Senior Housing
Building Size (RSF): 1,082 SF
Gross Land Area: 3.55 Acres
Sale Price: $200,000
Property Use Type: Investment
Usable Size (USF): 1,082 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2017

Overview / Comments

Current zoning Suburban farms, master plan is Residential Resort. Great piece of property right on M-59, 3.55 acres with 523 ft. of frontage. Current use residential rental. Home has 3 bedrooms, full basement, large breezeway, 2 car attached garage with workshop. Tenant occupied, need advance notice for showings.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Central I-96 Corridor
Taxing Authority: White Lake Twp.
Tax ID/APN: 1221301005
Zoning: CURRENTLY RESIDENTIAL
Property Located Between: Elizabeth Lk. Rd. and Ford Rd.
Property Visibility: Excellent
Largest Nearby Street: Elizabeth Lk. Rd.
Feet of Frontage: 523
Airports: 3 miles Oakland County Airport
Area Description: Located across the street from Alpine Valley Ski Resort
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1949
Construction/Siding: Brick/Vinyl Siding
Heat Type: Oil
Heat Source: Central
Zoning Description: Current Suburban Farms, Future Land Use Residential Resort
Lot Frontage: 553
Lot Depth: 293
Water Service: Well
Sewer Type: Septic
Land Ownership: Private
Legal Description: T3N, R8E, Sec 21 Brendel Heights E 523.40 FT of Lots 265 & 266 Exc Nly Part of SD Lot 266

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,707 23,710 85,566
Median Age: 39.13 41.34 40.93
Households: 1,368 8,926 32,295
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