23896 Sherwood Avenue $1,575,000

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    23896 Sherwood Avenue Center Line, MI 48015

    • 15,000 sq. ft.
    • 0.77 Acres
    • Commercial
    • MLS# 50125533
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    Views: 54 Days On Site: 199

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    Property Details

    Great opportunity. Over 15,000sq' Industrial building. LOCATED IN GREEN ZONE. Or ready for your manufacturing/industrial business. Features large lot, offices, and wide open floor space. 20' high ceilings offer plenty of warehousing or growing options. Also includes nearly 1200 sq' mezzanine above the offices. Plenty of power, ready for most operations. Secured property with powered cantilever gate. Close to all major highways. Great Location! Current tenant is paying 18,500 per month rent and will be vacating shortly. Make some rental income while you get your plans ready...LAND CONTRACT TERMS AVAILABLE

    • General Features
      • Acreage 0.77
      • Area Municipality Center Line (50024)
      • County Macomb
      • Originating MLS MiRealSource
      • Ownership Private
      • Subdivision A/P # 08 Centerline
      • Total SqFt Finished 15000
      • Waterfront Y/N No
      • Year Built 1970
    • Building Features
      • Exterior Construction Block, Full Masonry
      • Foundation Type Slab
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water
      • Lot Size 135 X 329
      • Sewer Septic Public Sanitary

    Contact

    Ryan Eashoo

    Owner, Multi-Million Dollar Producer

    RE/MAX EDGE

    Team Phone: 810-234-1234

    Neighborhood

    48015 (Center Line) Demographics

    40 Median Age
    4,796 Population Density (per sq. mile)
    25% College Educated
    $45,210 Estimated Median Income
    1,605 Estimated Total Home Owners
    1,852 Estimated Total Renters
    46% / 54% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    8,212 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $188,000 Median Sales Price
    10 Homes Sold
    21 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,575,000
        1/20/2024 1:50:01 PM Price Reduced Source: Multiple Listing Service New Value: $1,575,000 -12.5%
        10/19/2023 1:37:00 PM New in Database Source: Multiple Listing Service New Value: $1,800,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.