131 E Walled Lake

    Walled Lake, MI 48390
    • $329,900
    • STATUS: Active
    • ON SITE: 440 days
    • ID#: 217088280
    $329,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,900
      SQFT
    • $85
      $/SQFT
    Type:
    Commercial
    Built:
    1920
    County:
    Area:
    Zoning: Commercial,Multi-Family,Office
    Lot Size Dimensions: 37 X 63

    School Ratings & Info

    School District:

    Description

    UNIQUE OWNER/USER OR INVESTMENT OPPORTUNITY***CURRENT LEASE SITUATION ALLOWS YOU TO OPERATE YOUR BUSINESS IN YOUR OWN BUILDING AND HAVE YOUR TENANTS PAY THE MORTGAGE OR CONTINUE TO RECEIVE GOOD CASH FLOW*** PRIME LOCATION IN HISTORIC LAKEFRONT COMMUNITY - WALLED LAKE DIRECTLY ACROSS THE STREET**** 2 RETAIL/OFFICE SPACES ON MAIN FLOOR CURRENTLY LEASED WITH MULTIPLE YEAR LEASES*****4 RENTAL APARTMENTS UPSTAIRS WITH GOOD RENTAL HISTORY******NOTE: TENANTS NOT TO BE DISTURBED!PLEASE NOTE: ADDRESS THROUGH TAXING RECORDS 131 E WALLED LAKE DRIVE - ADDRESS THROUGH UTILITY COMPANIES AND USED ON THE BUILDING 123 E WALLED LAKE DRIVE (INSURANCE OFFICE), 125 E WALLED LAKE DRIVE (4 APARTMENT TENANTS 2ND FLOOR), 127 E WALLED LAKE DRIVE (REAL ESTATE/MORTGAGE OFFICE)

    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: 2018-12-13T23:57:13.29.
    www.knerealty360.com/homes/77155301

    131 E Walled Lake Walled Lake, MI 48390

    • Price: $329,900
    • Status: Active
    • ID#: 217088280
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,900
    SQFT
    $85
    $/SQFT
    1920
    Built
    Neighborhood:
    Suprvr's Plat No 2 - Walled Lake
    County:
    Oakland
    Area:
    Walled Lake
    School District:
    WALLED LAKE
    Property Description
    UNIQUE OWNER/USER OR INVESTMENT OPPORTUNITY***CURRENT LEASE SITUATION ALLOWS YOU TO OPERATE YOUR BUSINESS IN YOUR OWN BUILDING AND HAVE YOUR TENANTS PAY THE MORTGAGE OR CONTINUE TO RECEIVE GOOD CASH FLOW*** PRIME LOCATION IN HISTORIC LAKEFRONT COMMUNITY - WALLED LAKE DIRECTLY ACROSS THE STREET**** 2 RETAIL/OFFICE SPACES ON MAIN FLOOR CURRENTLY LEASED WITH MULTIPLE YEAR LEASES*****4 RENTAL APARTMENTS UPSTAIRS WITH GOOD RENTAL HISTORY******NOTE: TENANTS NOT TO BE DISTURBED!PLEASE NOTE: ADDRESS THROUGH TAXING RECORDS 131 E WALLED LAKE DRIVE - ADDRESS THROUGH UTILITY COMPANIES AND USED ON THE BUILDING 123 E WALLED LAKE DRIVE (INSURANCE OFFICE), 125 E WALLED LAKE DRIVE (4 APARTMENT TENANTS 2ND FLOOR), 127 E WALLED LAKE DRIVE (REAL ESTATE/MORTGAGE OFFICE)
    Exterior Features

    Airport YN Yes Architecture Level 2 Story Commercial Exterior Features Outside Lighting Construction Materials BrickWood Distance To Airport 25 Distance To Interstate 5 Foundation Details Basement Foundation Materials StoneOther Interstate YN Yes Lot Size Dimensions 37 X 63 Railroad YN No Road Frontage Feet 37 Road Frontage Type PavedPub. Sidewalk Side Of Street E Waterfront Name Walled Lake Waterfront YN No Waterway YN No

    Interior Features

    Commercial Utilities Cable TvSmoke Alarm Heating Cooling BaseboardForced Air Heating Fuel Natural Gas Office Heating Cooling BaseboardCentral AirForced AirWindow/Wall Unit Room Count 0 Sq Ft Main 3900 Sq Ft Office 1950 Sq Ft Source Prd Unit Efficiency Number Of 2 Unit One Bed Number Of 2 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0 Water Heater Fuel Natural Gas

    Property Features

    Business Type OfficeResidentialRetailService Commercial Type CommercialReal Estate Only Current Use 4 APARTMENTS AND 2 BUS.SPACES Encroachment YN No Gross Scheduled Income 54580.00 Inventory Included YN No Inventory List YN No Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Sales 0 Net Operating Income 35120.00 Operating Expense 18850.00 Ownership Status Private OwnedShort Sale - No Percent Leased 100 Possession At Close Postal City Walled Lake Protection Period 180 Restrictions YN Yes Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 4847.0000 Tax Amount Winter 99.0000 Title Private - Owned Total Tax 4946.0000 Unparsed Address 131 E Walled Lake Water Source Municipal Water Year Remodeled 1998 Zone Conform YN Yes Zoning CommercialMulti-FamilyOffice

    IDX provided courtesy of Realcomp II Ltd., via Suburban Real Estate Group 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: 2018-12-13T23:57:13.29.
     
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    5840 Sterling Dr. Ste 140
    Howell MI, 48843