$253,000
$260,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
120 GROVE PARK Street Mount Clemens, MI 48043 1602
4,000 SqFt
Key Details
Sold Price $253,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $63
Subdivision Mi
MLS Listing ID 30778752
Sold Date 02/28/20
Annual Tax Amount $5,075
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 80.00X194.00
Property Sub-Type Commercial/Industrial
Property Description
Awesome opportunity to own a 4000 SQ FT commercial building in a great area of Mt Clemens. Currently used as an Auto Body shop and can be sold with equipment and paint booth or removed. Price with equipment is negotiable. Building also features two oversized garage doors, plenty of office space and new LED lights throughout the shop. The uses for this building are endless. Price is aggressive! Rent for a building of this size yields $3,000-3,500/ month which would equate to a 12%-14% CAP RATE!!
Location
State MI
County Macomb
Area Mt Clemens (50013)
Zoning Commercial,Industrial
Interior
Heating Forced Air
Exterior
Roof Type Metal
Building
Foundation Slab
Water Public Water
Structure Type Block
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Bought with Realty Executives Home Towne