Retail for Investment

Retail-Commercial for Sale
Catylist Listing ID: 30181286
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 2,800 SF
Gross Building Area: See Agent
Gross Land Area: 0.19 Acres
Sale Price: $200,000
Unit Price: $71.43 PSF
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/11/2018

Overview / Comments

2-unit building with excellent parking. Both units are leased bringing in $1,800/month total.


Finance Data Year 2016
Real Estate Taxes - Annual($) $3,786 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 09-14-10-332-041
Zoning: B-1
Retail Clientele: General, Business
Property Located Between: 12 Mile Road
Traffic/Vehicle Count: 21,712
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Year Built: 1975
Roof Type: Flat
Construction/Siding: Other
Exterior Description: Masonry
Total Parking Spaces: 15
Parking Type: Surface
Sprinklers: Other
Heat Type: Other
Heat Source: Other
Air Conditioning: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,731 113,704 310,510
Median Age: 43.37 40.23 40.45
Households: 7,145 47,939 128,758


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