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    31100 Hoover Road

    Warren, MI 48093
    • $175,000
    • STATUS: Active
    • ON SITE: 107 days
    • ID#: 2210042290
    UPDATED: 3 min ago
    $175,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $88
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1963
    County:
    Area:
    Zoning:
    Commercial
    Lot Size Dimensions:
    55.00X200.00

    School Ratings & Info

    School District:

    Description

    Great investment opportunity providing instant cash flow on this fully leased 3 unit commercial building in a high traffic location. Units are leased, 2 units by long term tenants. Large parking lot with ample parking. Full operating and financial data available upon request. Unit 1 is 400 sq. ft. (MTM @ $750)., unit 2 600 sq. ft. ($750 and leased until 12/2021), and unit 3 is 1,000 sq. ft. ($600 and leased until 3/24). Please do not approach or disturb tenants!

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    © 2021 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: 2021-09-20T12:59:13.41.
    www.nexushomesearch.com/homes/117901471
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    31100 Hoover Road Warren, MI 48093

    • Price: $175,000
    • Status: Active
    • Updated: 3 min ago
    • ID#: 2210042290
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    2,000
    SQFT
    $88
    $/SQFT
    1963
    Built
    Neighborhood:
    Warren
    County:
    Macomb
    Area:
    Warren
    School District:
    WARREN CON
    Property Description
    Great investment opportunity providing instant cash flow on this fully leased 3 unit commercial building in a high traffic location. Units are leased, 2 units by long term tenants. Large parking lot with ample parking. Full operating and financial data available upon request. Unit 1 is 400 sq. ft. (MTM @ $750)., unit 2 600 sq. ft. ($750 and leased until 12/2021), and unit 3 is 1,000 sq. ft. ($600 and leased until 3/24). Please do not approach or disturb tenants!
    Exterior Features

    Architecture Level 1 Story Construction Materials Block/Concrete/Masonry Foundation Details Slab Foundation Materials Poured Lot Size Dimensions 55.00X200.00 Road Frontage Feet 55 Road Frontage Type PavedPub. Sidewalk Roof Material Asphalt Waterfront YN No

    Interior Features

    Heating Cooling Central AirForced Air Heating Fuel Natural Gas Room Count 0 Water Heater Fuel Natural Gas

    Property Features

    Apod Available YN Yes Assessment 0 Business Type RetailService Commercial Type Real Estate Only Current Use BarberRetailService Encroachment YN No Exclusions YN No Gross Scheduled Income 25200.00 Inventory Included YN No Inventory List YN No Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Sales 0 Net Operating Income 18879.31 Operating Expense 6320.69 Ownership Status Private OwnedShort Sale - No Percent Leased 100 Possession At Close Postal City Warren Protection Period 180 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 5191.0000 Tax Amount Winter 129.0000 Title Private - Owned Total Tax 5320.0000 Unparsed Address 31100 HOOVER RD Water Source Municipal Water Zone Conform YN Yes Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via A Smart Move Realty and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 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: 2021-09-20T12:59:13.41.
     
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