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19368 E 10 MILE Road

Eastpointe, MI 48021
  • $399,900
  • STATUS: Active
  • ON SITE: 404 Days
  • ID#: 2210064167
UPDATED: 8 min ago
$399,900
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,691
    SQFT
  • $85
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1957
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
60.00X200.00

School Ratings & Info

School District:

Description

***North East Corner of Eastpointe***Turn Key & Diverse Investment Opportunity***Three consecutive occupied units right off I-94*** This is a busy and prosperous shopping center. Each unit has 2-3 years remaining on their lease. Monthly income from each unit is $1,000, $1,100 and $1,500 per/month. The tenants are responsible for waste, water and utilities. The property owner has done extensive electrical updates, recently installed a hot water tank and new entry doors.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-10-05T14:00:29.827.
www.nexushomesearch.com/homes/120832257
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19368 E 10 MILE Road Eastpointe, MI 48021

  • Price: $399,900
  • Status: Active
  • On Site: 404 Days
  • Updated: 8 min ago
  • ID#: 2210064167
0
Beds
0
Baths
0
½ Baths
0.28
Acres
4,691
SQFT
$85
$/SQFT
1957
Built
Neighborhood:
Pincket's
County:
Macomb
Area:
Eastpointe
School District:
EAST DETROIT
Property Description
***North East Corner of Eastpointe***Turn Key & Diverse Investment Opportunity***Three consecutive occupied units right off I-94*** This is a busy and prosperous shopping center. Each unit has 2-3 years remaining on their lease. Monthly income from each unit is $1,000, $1,100 and $1,500 per/month. The tenants are responsible for waste, water and utilities. The property owner has done extensive electrical updates, recently installed a hot water tank and new entry doors.
Exterior Features

Architecture Level 1 Story Commercial Exterior Features Awning/Overhang(S) Construction Materials AsphaltBrick Foundation Details Slab Foundation Materials Poured Interstate YN No Lot Size Dimensions 60.00X200.00 Road Frontage Feet 60 Road Frontage Type Paved Roof Material Rubber Waterfront YN No

Interior Features

Building Area Source Public Records Heating Cooling Forced AirCentral Air Heating Fuel Natural Gas Office Heating Cooling Forced Air Sq Ft Main 4691 Sq Ft Office 4691 Water Heater Fuel Natural Gas

Property Features

Apod Available YN Yes Assessment 0 Business Type ServiceOfficeRetail Current Use Three Units: 1) Dollar Store2) Salon3) Coffee Shop Deposit Amount 200000.00 Encroachment YN No Exclusions YN No Existing Lease YN Yes Gross Scheduled Income 3400.00 Inventory Included YN No Inventory List YN No Land Contract YN Yes Land Interest Rate 7 Land Payment 2000 Land Terms 36 Legal Rental Certified YN No Listing Financing CashContractConventional Monthly Sales 0 Net Operating Income 26800.00 Operating Expense 8500.00 Ownership Status Short Sale - NoPrivate Owned Percent Leased 100 Possession Subject To Tenant Rights Postal City Eastpointe Protection Period 180 Restrictions YN No Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 7751.0000 Tax Amount Winter 252.0000 Title Standard (Private) Total Tax 8003.0000 Unparsed Address 19368 E 10 Mile Road Water Source Public (Municipal) Year Remodeled 2015 Zone Conform YN Yes Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Premier Property Services Llc: (313) 822-9000 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-10-05T14:00:29.827.
 
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