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$675000 / 6277ft2 - SORRENTO'S PLAZA.RETAIL STRIP CENTER FOR SALE WITH LAND CONTRACT (Clinton Township)

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16853 PENROD DR. near South of Moravian Dr.

(google map)

6277ft2

Property Description

16853 Penrod Dr. Clinton Township, Michigan

Asking Price: $675,000 USD

ATTRACTIVE- SELLER FINANCING AVAILABLE TO QUALIFIED BUYERS

WE CONSIDER ALL OFFERS

Description

ATTENTION INVESTORS!

OPPORTUNITY FOR OWNER USER TO OCCUPY EXISTING VACANCY OR INVESTOR TO LEASE UP AND INCREASE RENTAL RATES.

THIS PROPERTY IS WELL BUILT.

THIS PROPERTY IS PERFECT FOR IMMIGRATION PURPOSES.

SORRENTO'S PLAZA, 16853 - 16865 PENROD DR. CLINTON TOWNSHIP, Michigan, USA

6,277.00 SF OF RETAIL STRIP CENTER. 3 OUT OF 4 SUITES ARE LEASED LEAVING ONE CORNER SUITE FOR YOUR BUSINESS.

GREAT CORNER, LOCATION ON A BUSY MAIN STREET WITH GREAT PARKING FOR INGRESS AND EGRESS. PLEASE BE DISCREET,

CURRENT TENANTS ARE UNAWARE OF THE SALE.

ALL SIZES AND DIMENSIONS ARE TO BE VERIFIED BY THE BUYERS AGENT.

THE VACANT SUITE FOR OWNER-USER, NEW CERAMIC TILE FLOOR, AND NEW PAINT.

THE PARKING LOT ALL THE CRACKS WAS CLEANED, FILLED WITH HOT RUBBER, REMOVE ALL DEBRIS, APPLY SEALCOAT AND A NEW PARKING STRIPS.

GREAT FOR ANY KIND OF BUSINESS

LOT SIZE 0.63 AC. 31 PARKING SPACES, PARCEL ID.161129103046

CORNER OF GARFIELD AND PENROD DRIVE (South of Moravian)

PASS BY AND IF YOU ARE INTERESTED in MORE INFORMATION

PLEASE CALL PAUL AT show contact info or show contact info

Financials
ATTRACTIVE-SELLER AVAILABLE FINANCING TO QUALIFIED BUYERS

ANNUAL EXPENSE
Property Tax $9,594.00
Insurance $1,235.00
CAM $3,000.00
Total Expenses $13,839.00

Gross Income $65,700.00
Expenses $13,829.00
Vacanci $27,600.00
Actual Net Income $24,271.00
  • do NOT contact me with unsolicited services or offers

post id: 6972191148

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