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$ 159,000
Est. payment | /mo
1,580 SqFt
$ 159,000
Est. payment | /mo
1,580 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,580 sqft
Price per Sqft $100
Subdivision Mi
MLS Listing ID 61023053
Annual Tax Amount $5,030
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 80X105
Property Sub-Type Commercial/Industrial
Property Description
Investment opportunity featuring an established auto repair tenant in place. Property is currently leased at $2,000 per month ($24,000 annually) through May 31, 2029. Tenant has one additional five-year renewal option through May 31, 2034 at $2,100 per month. Tenant is responsible for utilities and significant maintenance obligations, including exterior common-area maintenance, snow and ice removal, parking lots, sidewalks, and landscaping. Existing lease provides immediate rental income for an investor. Please contact listing agent for additional property and lease information. Do not disturb tenant.
Location
State MI
County Wayne
Area Ecorse (82145)
Zoning Commercial
Building
Foundation Slab
Water Public Water
Others
Ownership Private
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main
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Shannon Bagdonas
Founder | Broker Partner