4 Asset Portolio-Commercial plus Developement Land

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30533718
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail
Building Size (RSF): 10,400 SF
Gross Building Area: See Agent
Sale Price: $1,400,000
Unit Price: $134.62 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/21/2021

Overview / Comments

4 Asset Portfolio (3) Unit Strip Center + Land includes (3) unit, 3,764 SF strip center; long term leases generate $11K+ per month AND connecting 1.49 total acres for development; residential parcel with (3) unit condo plan, commercial/retail parcel with restaurant plan and office parcel with plan, all city approved. Across from GM Tech Center. Walking to City of Warren Civic Center and proposed Warren Town Center development.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb West
Tax ID/APN: 13-16-226-059

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,884 137,508 423,641
Median Age: 41.01 41.33 38.48
Households: 5,098 56,028 167,597
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