Waterford Office Building (M-59)

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 12158212
Property Subtypes: Office Building
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.47 Acres
Sale Price: $424,900
Unit Price: $53.11 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/8/2016

Overview / Comments

High traffic count, located on M-59, Zoned C-4 Commercial. 8000 SQ FT, all brick, completely remodeled. New paint, furnace, roof and clean, clean!!! Bring all offers. Land Contract terms are available;
DWP - $100,000
PAY - $5,000 mo
INT - 7%
TRM - 5 yr

Financials

Finance Data Year 2010
Real Estate Taxes - Annual($) $7,473 (Annual)
Assessed Value - Total($) $289,470 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Livonia
County: Oakland
Submarket/Township: Lakes Area
Tax ID/APN: 13-22-177-006
Zoning: OFFICE/COMMERCIAL
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1964
Lot Frontage: 1
Lot Depth: 20666
Legal Description: T3N, R9E, SEC 22 HURONSIDE INDUSTRIAL DEVELOPMENT THAT PART OF LOTS 28, 29 & 30 LYING SELY OF A LINE BEG AT PT ON SWLY LINE OF LOT 28 DIST N 60-13-40 W 8.56 FT FROM SE COR LOT 28, TH NELY TO PT ON NELY LINE OF LOT 30 DIST S 60-13-40 E 8.56 FT FROM NWCOR LOT 30


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,873 80,686 175,179
Median Age: 41.8 38.64 38.79
Households: 3,333 33,127 68,861

Contact

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