Property Listing No Longer Available for Sale

1241 E 11 MILE, Madison Heights, MI

Land for Sale - $845,000


Property Info

CIMLS#994632
Location
  1241 E 11 MILE
  Madison Heights MI 48071
UpdatedMarch 7th, 2018
TypeLand
Price$845,000

Property Description

Great building and location in Madison Heights. Zoned Manufacturing Light Industrial with 22,226 square feet on almost 1.7 acres. Front of the building is lobby, professional offices, conference rooms, presentation rooms, IT, mechanical room and storage areas is 5,671+/- sq ft. The warehouse, shop back offices and shipping area is 16,500+/- sg ft. Ceilings in warehouse are 15 feet average with 2 overhead doors, Phase 3 Electric and 7.5 Ton Crane. Large parking lot and fenced rear yard. Location is ideal for quick, easy access to I-696 and I-75 both within 5 minutes. Super visibility for a business. Good traffic counts of almost 34,000 vehicles a day on Eleven Mile. Seller may consider Land Contract terms with full credit approval of Buyer: $300,000 down payment, 7% percent interest, monthly payment of $5,500 for principal and interest, 5 years with a balloon mortgage payment. DO NOT DISTURB THE BUSINESS. All showing are by appointment only during week days. Buyer to verify information


Financials



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