16853 Penrod Dr., Clinton Township, MI

Shopping Center for Sale - $665,000 - 6,277 Sq. Ft. on 0.63 acres


Agent Info

paul rizea

Property Info

CIMLS#1080965
Location
  16853 Penrod Dr.
  Clinton Township MI 48035
UpdatedSeptember 18th, 2020
TypeShopping Center
Price$665,000
Building6,277 Sq. Ft.
Land0.63 acres

Contact


Property Description

ATTENTION INVESTORS!

$665,000.00/ 6,277.00 SqFt. RETAIL STRIP CENTER FOR SALE-

MAKE OFFER - SELLER FINANCE.

REAL ESTATE AGENTS ARE WELCOME

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 ALL CRACKS WAS BLOWERS TO REMOVE ALL DEBRIS, FILLED WIT HOT RUBBER OVERBANDING AND AFTER APPLY SEALCOAT CONSISTING OF HEAVY SILICA SAND AND LATEX AND NEW EXISTING PARKING STRAPPING.

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 1- 586-224-6935 OR

nine five four tree tow tree nine tree, tree seven

ANNUAL EXPENSES

Property Tax $9,594.00

Insurance $1,235.00

CAM $3,000.00

Total Expenses $13,839.00

Gross Income $67,500.00

Expenses $13,829.00

Vacancy $27,600.00

Actual Net Income $26,071.00


Financials

ANNUAL EXPENSES

Property Tax $9,594.00

Insurance $1,235.00

CAM $3,000.00

Total Expenses $13,839.00

Gross Income $67,500.00

Expenses $13,829.00

Vacancy $27,600.00

Actual Net Income $26,071.00



Similar Listings