15523 32 Mile Road Ray, MI ^$ 799,900

15523 32 Mile Road

^$ 799,900

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15523 32 Mile Road

Ray, MI, 48096

^$ 799,900

Studio Baths0.0 Sq 1,555

Monthly Estimate*

^$ 5,588

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Studio

Commercial Property for sale in Ray, MI

for $799,900. This 1,555 square foot building was built in 1957 on a lot size of 7.5.

7.5 acres recently zoned Industrial across from the Romeo Airport. 570 feet of frontage on 32 Mile Rd, just out side of Romeo and was annexed into Romeo making city water and sewer available. Stunning property with a large pond. Currently used as a residence, there is a 3 bedroom brink ranch with a walk out basement. Would make perfect office space. Property can also be rezoned to residential. Seller open to a Land Contract subject to proposed terms and credit check.

Commercial Active

Price

^$ 799,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,281

Style

Commercial/Industrial

Lot Size

7.5

Year Built

1957

Town/City

Ray

County/Region

Macomb

MLS | Web ID

50123159

Features

General

Heating Baseboard

Cooling Central A/C

Roof Asphalt

Exterior Features Deck/Patio

Water Private Well Public Water at Street

Status Active Active

Year Built 1957

Water Heater Gas

County Macomb

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Ray Twp

Zoning Industrial

Subdivision MI

Flood Insurance Not Required

Area Ray Twp (50005)

Primary City Ray

Location Main Street

City Ray

Street Name 32 Mile

Financial Terms Cash Land Contract

Legal Description T4N R13E

DOM 210

Postal Code 48096

Price Per Sq Ft 514.41

Coming Soon 7.5 acres recently zoned Industrial across from the Romeo Airport. 570 feet of frontage on 32 Mile Rd

Exterior

Exterior Brick Masonry

Frontage 570

Lot Size Area 7.5

Lot Dimensions 326918

Lot Description Cleared

Well/Septic Inspection Done No

Water Features Pond

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Karen Betzing

Listing Agent

Berkshire Hathaway Homeservices Kee Realty Wash

Broker

karenbetzing@gmail.com

Affordability Calculator

$6,028

Per Month

Monthly Principal & Interest: $5,588
Monthly Property Taxes: $440
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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 Ray, MI

Average List Price ^$699,900

Percent of Sale Price 13%

About Ray, MI

3,875 Population

4% Since 2002

^$69,467 Median Income

48.29 Median Age

26% 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
2/25/2024	$799,900	-17.96%	Price Down
9/26/2023	$975,000		Listed Price

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15523 32 Mile Road, Ray, MI, 48096 is a Commercial Property for sale at $799,900 with 1,555 sqft and a lot size of 7.5. 15523 32 Mile Road is a studio with 0.0 baths and was built in 1957. The property's zip code is 48096 which is in Ray, 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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15523 32 Mile Road

Commercial Property for sale in Ray, MI

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