1241 E Eleven Mile Road

    Madison Heights, MI 48071
    • $815,000
    • STATUS: Active
    • ON SITE: 282 days
    • ID#: 218015237
    UPDATED: 62 min ago
    $815,000
    • 0
      BEDS
    • 1.71
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 22,226
      SQFT
    • $37
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1959
    County:
    Zoning: Commercial,Light Industrial,Office
    Lot Size Dimensions: 201X369

    School Ratings & Info

    School District:

    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.

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than KNE Realty 360 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-12-10T16:56:58.693.
    www.knerealty360.com/homes/81225553

    1241 E Eleven Mile Road Madison Heights, MI 48071

    • Price: $815,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 218015237
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.71
    Acres
    22,226
    SQFT
    $37
    $/SQFT
    1959
    Built
    Neighborhood:
    Madison Heights
    County:
    Oakland
    Area:
    Madison Heights
    School District:
    MADISON (MADISON HTS.)
    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.
    Exterior Features

    Architecture Level 1 Story Commercial Exterior Features Doors 10-15 FtOutside LightingPerimeter FencePermeable Paving Construction Materials Block/Concrete/MasonryBrickOther Distance To Interstate 1 Foundation Details Slab Foundation Materials Block Interstate YN Yes Lot Size Dimensions 201X369 Road Frontage Feet 201 Road Frontage Type PavedPub. Sidewalk Roof Material AsphaltBuilt-UpRubberOther Waterfront YN No

    Interior Features

    Commercial Utilities 3 Phase PowerEmployee Lunch/Lounge Heating Cooling Central AirForced AirSpace HeaterOther Heating Fuel Natural Gas Office Heating Cooling Central Air Plant Heating Cooling Central AirSpace Heater Room Count 0 Sq Ft Main 16555 Sq Ft Office 5671 Sq Ft Source City Water Heater Fuel Natural Gas

    Property Features

    Assessment 0 Business Type ManufacturingWholesale Commercial Type IndustrialReal Estate Only Current Use Manufacturing Light Industrial Deposit Amount 300000.00 Encroachment YN Yes Exclusions YN No Gross Scheduled Income 0.00 Land Contract YN Yes Land Interest Rate 7 Land Payment 5500 Land Terms 60 Listing Financing CashConventionalCovenant DeedLand Contract Monthly Sales 0 Net Operating Income 0.00 Operating Expense 0.00 Ownership Status Private OwnedShort Sale - No Possession 180 Postal City Madison Heights Protection Period 180 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 15420.0000 Tax Amount Winter 4435.0000 Title Private - Owned Total Tax 19855.0000 Unparsed Address 1241 E ELEVEN MILE RD Water Source Municipal Water Zone Conform YN Yes Zoning CommercialLight IndustrialOffice

    IDX provided courtesy of Realcomp II Ltd., via Century 21 Campbell Realty and Realcomp, ©2018 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than KNE Realty 360 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-12-10T16:56:58.693.
     
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