23896 Sherwood Avenue Center Line, MI ^$ 1,575,000

23896 Sherwood Avenue

^$ 1,575,000

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23896 Sherwood Avenue

Center Line, MI, 48015

^$ 1,575,000

Studio Baths0.0 Sq 15,000

Monthly Estimate*

^$ 11,002

23896 Sherwood Avenue, Center Line, MI 48015 - Image 1

23896 Sherwood Avenue, Center Line, MI 48015 - Image 2

23896 Sherwood Avenue, Center Line, MI 48015 - Image 3

23896 Sherwood Avenue, Center Line, MI 48015 - Image 4

Studio

Commercial Property for sale in Center Line, MI

for $1,575,000. This 15,000 square foot building was built in 1970 on a lot size of 0.77.

Great opportunity. Over 15,000sq' Industrial building. LOCATED IN GREEN ZONE. Or ready for your manufacturing/industrial business. Features large lot, offices, and wide open floor space. 20' high ceilings offer plenty of warehousing or growing options. Also includes nearly 1200 sq' mezzanine above the offices. Plenty of power, ready for most operations. Secured property with powered cantilever gate. Close to all major highways. Great Location! Current tenant is paying 18,500 per month rent and will be vacating shortly. Make some rental income while you get your plans ready...LAND CONTRACT TERMS AVAILABLE

Commercial Active

Price

^$ 1,575,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 17,664

Style

Commercial/Industrial

Lot Size

0.77

Year Built

1970

Town/City

Center Line

County/Region

Macomb

MLS | Web ID

50125533

Features

Exterior

Exterior Block Full Masonry

Frontage 135

Flood Plan None

Lot Size Area 0.77

Lot Dimensions 135 X 329

Well/Septic Inspection Done No

Waterfront Y/N No

General

Water Public Water

Status Active Active

Year Built 1970

Subdivision A/P # 08 Centerline MI

County Macomb

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Center Line

Commercial Features 3 Phase Power Outside Storage Overhead Doors Private Restrooms Public Restrooms Security Equipment Security Fence Owned

Area Center Line (50024)

Primary City Center Line

City Center Line

Street Name Sherwood

Financial Terms Cash Commercial Loan Conventional Land Contract

Legal Description A/P NO 8; PART OF LOT 1 DESC AS: COMM AT N 1/4 POST SEC 28; TH N89*58'E 33.05 FT; TH S03*09'40 E 2425.37 FT ALG E R/W LINE OF SHERWOOD AVE TO POB; TH S89*24'40 E 330.04 FT; TH S00*29'01 W 94.21 FT; TH

DOM 195

Postal Code 48015

Price Per Sq Ft 105

Coming Soon Great opportunity. Over 15 000sq' Industrial building. LOCATED IN GREEN ZONE. Or ready for your manufacturing/industrial business. Features large lot offices

Interior

Ceiling Height 16-20 Feet Greater than 20 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Richard Michaels

Listing Agent

Berkshire Hathaway Homeservices Kee Realty Wash

Broker

rmichaels589@gmail.com

Affordability Calculator

$12,474

Per Month

Monthly Principal & Interest: $11,002
Monthly Property Taxes: $1,472
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Center Line, MI

Average List Price ^$717,333

Percent of Sale Price 54%

About Center Line, MI

8,227 Population

-3% Since 2002

^$36,488 Median Income

42.77 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/20/2024	$1,575,000	-12.50%	Price Down
10/19/2023	$1,800,000		Listed Price

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23896 Sherwood Avenue, Center Line, MI, 48015 is a Commercial Property for sale at $1,575,000 with 15,000 sqft and a lot size of 0.77. 23896 Sherwood Avenue is a studio with 0.0 baths and was built in 1970. The property's zip code is 48015 which is in Center Line, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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23896 Sherwood Avenue

Commercial Property for sale in Center Line, MI

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