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$665000 / 6277ft2 - RETAIL SHOPPING CENTER FOR SALE (CLINTON TOWNSHIP, MICHIGAN)

123456
16853 PENROD RD. near SOUTH OF MORAVIAN ON GARFIELD

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6277ft2

Description
ATTENTION INVESTORS!
$6,277.00 SqFt. RETAIL STRIP CENTER FOR SALE ( LAND CONTRACT IS CONSIDERED )
OPPORTUNITY FOR OWNER USER TO OCCUPY EXISTING VACANCY OR INVESTOR TO LEASE UP AND INCREASE RENTAL RATES.
THIS PROPERTY IS WELL BUILT.
THIS PROPERTY IS PERFECT FOR IMMIGRATION PURPOSES.
SORRENTO'S PLAZA, 16853 - 16865 PENROD DR. CLINTON TOWNSHIP, Michigan, USA
6,277.00 SF OF RETAIL STRIP CENTER. 3 OUT OF 4 SUITES ARE LEASED LEAVING ONE CORNER SUITE FOR YOUR BUSINESS.
GREAT CORNER, LOCATION ON A BUSY MAIN STREET WITH GREAT PARKING FOR INGRESS AND EGRESS. PLEASE BE DISCREET,
CURRENT TENANTS ARE UNAWARE OF THE SALE.
ALL SIZES AND DIMENSIONS ARE TO BE VERIFIED BY THE BUYERS AGENT.
THE VACANT SUITE FOR OWNER-USER, NEW CERAMIC TILE FLOOR, AND NEW PAINT.
THE PARKING ALL CRACKS WAS BLOWERS TO REMOVE ALL DEBRIS, FILLED WIT HOT RUBBER OVER BANDING AND AFTER APPLY SEALCOAT CONSISTING OF HEAVY SILICA SAND AND LATEX AND NEW EXISTING PARKING STRAPPING.
GREAT FOR ANY KIND OF BUSINESS
LOT SIZE 0.63 AC. 31 PARKING SPACES, PARCEL ID.161129103046
CORNER OF GARFIELD AND PENROD DRIVE (South of Moravian)
PASS BY AND IF YOU ARE INTERESTED in MORE INFORMATION
PLEASE CALL PAUL AT show contact info OR show contact info

ANNUAL EXPENSES
Property Tax $9,594.00
Insurance $1,235.00
CAM $3,000.00
Total Expenses $13,839.00
Gross Income $65,700.00
Expenses $13,829.00
Vacancy $27,600.00
Actual Net Income $24,271.00
  • do NOT contact me with unsolicited services or offers

post id: 7021026292

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