8212-8236 E TWELVE MILE ROAD RD $580,000

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    8212-8236 E TWELVE MILE ROAD RD Warren, MI 48093

    Sold
    SOLD 5/14/2021

    $580,000

    Market Estimate
    • 6,660 sq. ft.
    • Commercial
    • MLS# 40120476
    8212-8236 E TWELVE MILE ROAD RD, Warren, MI 48093
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    Listing provided courtesy of: Premier One Group Inc - 3134470131
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    Property Details

    SEVEN UNITS---GREAT INVESTMENT OPPORTUNITY. 100% LEASED. LAND CONTRACT AVAILABLE! HARD TO FIND SEVEN COMMERCIAL UNITS ON A STRIP ON BUSY E 12 MILE ROAD, ACROSS FROM SUPER WALMART AND MANY OTHER POPULAR FRANCHISES. ON A BUSY MAJOR STREET WITH AMPLE PARKING FOR ALL BUSINESSES AND CUSTOMERS. CURRENTLY ALL UNITS ARE LEASED OUT WITH POTENTIAL INCREASE IN RENT**** NOTE PROPERTY FOR SALE IS ON THREE PARCELS 1315105001-1315105002-1315105003-- TOTAL COMBINED LOT AND BUILDING - SQ FT APPROX 15,682. PROPERTY TAXES UNDER 11K!! TOTAL AND 8.3% CAP RATE. OWNER HAS MAINTAINED THIS PROPERTY FOR YEARS, MANY FUNCTIONAL UPDATES IN THE RECENT YEARS. VARIOUS UNITS UPDATED WITH EITHER NEW ROOFTOP HVAC/FURNACE/WATER TANK 2017. SEPERATE METERS. ROOF IS APPROX 10 YEARS OLD. ALL TENANTS ARE IN VARIOUS BUSINESSES. PRICED TO SELL. OWNER IS RELATED TO BROKER. CALL FOR A WALK THRU APPOINTMENT. PLEASE DO NOT APPROACH TENANTS.

    • General Features
      • Acreage 0
      • Area Municipality Warren (50023)
      • County Macomb
      • Originating MLS RealComp
      • Ownership Private
      • Total SqFt Finished 6660
      • Waterfront Y/N No
      • Year Built 9999
      • ZONING Commercial
    • Building Features
      • Cooling System Central A/C
      • Exterior Construction Brick
      • Foundation Type Slab
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water
      • Lot Size 145x108
      • Sewer Septic Public At Street

    Neighborhood

    48093 (Warren) Demographics

    43 Median Age
    4,276 Population Density (per sq. mile)
    36% College Educated
    $56,288 Estimated Median Income
    7,612 Estimated Total Home Owners
    2,388 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    24,331 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $237,000 Median Sales Price
    30 Homes Sold
    50 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        5/14/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $580,000
        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.