$650,000
$999,999
35.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
7,416 SqFt
SOLD DATE : 08/01/2022
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Apartments,Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 7,416 sqft
Price per Sqft $87
Subdivision Suprvr'S Plat No 31 - Waterford Twp
MLS Listing ID 2210091885
Sold Date 08/01/22
Bedrooms 3
Originating Board Realcomp II Ltd
Year Built 1965
Annual Tax Amount $14,883
Lot Size 0.800 Acres
Acres 0.8
Lot Dimensions BUSINESS ONLY
Property Description
FOR SALE IN HIGH VOLUME TRAFFIC AREA, DIRECTLY SOUTH OF OAKLAND COUNTY INTERNAT'L AIRPORT. THIS BUILDING WAS USED AS AN APARTMENT BUILDING FOR MOST OF ITS LIFE. THE CURRENT OWNER STARTED TO CONVERT IT TO AN OFFICE BUILDING FOR HIS OWN USE AS WELL AS OTHER OFFICE TENANTS. IN THE PROCESS HE PURCHASED ANOTHER BUILDING THAT SUITED HIS NEEDS MORE. SO HE DECIDED TO CHANGE IT BACK TO RESIDENTIAL AND CHANGE THE HEATING SYSTEM TO INDIVIDUAL GFA FURNACES INSTEAD OF THE 1 BOILER HEAT WHICH HE HAD TO PAY THE GAS AND ELECTRIC BILL AND ADD THE MONTHLY COST NET INTO THE RENT. IN THE PROCESS OF HAVING THE CITY INSPECTOR OUT TO APPROVE THE FURNACES BEING INSTALLED, HE WAS INFORMED INFORMED HE NEED TO 1ST GET THE PROPERTY REZONED BACK TO MULTI FAMILY. SO HE HAS DROPPED THE PRICE ACCORDINGLY SO A PURCHASER CAN HANDLE THE REZONE AND COMPLETE THE CONVERSION BACK TO APARTMENTS AND FINISH THE INSTALLATION OF THE FURNACES.......ALSO PACKAGE DEAL 3 PARCLES TOTAL OF 6 ACRES FOR $1,800,000. LAND CONTRACT
Location
State MI
County Oakland
Area Waterford Twp
Zoning Commercial,Light Industrial,Office
Direction S SIDE OF HIGHLAND BETWEEN AIRPORT RD AND WILLIAM LK RD
Interior
Hot Water Natural Gas
Heating Forced Air, Hot Water
Heat Source Natural Gas
Exterior
Waterfront Description Pond
Roof Type Asphalt
Accessibility Accessible Common Area, Accessible Doors, Accessible Full Bath, Accessible Hallway(s)
Road Frontage Gravel, Paved, Private, Highway
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Well (Existing), Water at Street
Level or Stories 2 Story
Structure Type Brick,Vinyl
Schools
School District Waterford
Others
Tax ID 1320101019
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Contract, Conventional
Rebuilt Year 2004
Listing Terms Cash, Contract, Conventional
Financing Cash,Contract,Conventional
Special Listing Condition Full Service
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