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327 E 11 Mile Road, Unit 341 Madison Heights, MI $ 850,000
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$ 850,000 Get more info
327 E 11 Mile Road, Unit 341
$ 850,000
Back to search
Share Save

327 E 11 Mile Road, Unit 341

Madison Heights, MI, 48071
$ 850,000
Baths0.0 Sq 8,000

Monthly Estimate*

$ 5,938

327 E 11 Mile Road, Unit 341, Madison Heights, MI 48071 - Image 1
327 E 11 Mile Road, Unit 341, Madison Heights, MI 48071 - Image 2
327 E 11 Mile Road, Unit 341, Madison Heights, MI 48071 - Image 3
327 E 11 Mile Road, Unit 341, Madison Heights, MI 48071 - Image 4
327 E 11 Mile Road, Unit 341, Madison Heights, MI 48071 - Image 5
327 E 11 Mile Road, Unit 341, Madison Heights, MI 48071 - Image 6
327 E 11 Mile Road, Unit 341, Madison Heights, MI 48071 - Image 7
327 E 11 Mile Road, Unit 341, Madison Heights, MI 48071 - Image 8
327 E 11 Mile Road, Unit 341, Madison Heights, MI 48071 - Image 9
327 E 11 Mile Road, Unit 341, Madison Heights, MI 48071 - Image 10
Studio

Commercial Property for sale in Madison Heights, MI

for $850,000. This 8,000 square foot building was built in 1980 on a lot size of 0.15.

This 7 unit strip (8,833sf) is currently leased by 4 tenants. Three tenants have been in place since 1968, new spa in place for 15 months. Center can be split into 7 actual units and has 7 H-Vacs, for each unit. Well maintained & updated in 2017.Tenants pay own utilities, exterior lighting and repair H-vacs, hot water heaters, electical & plumbing.Please do not bother tenants. Investment property. Purchase and start making money at closing! No needed repairs or tenants to fill spaces. 100% occupancy. Contact agent for information. Do not approach tenants.

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Commercial Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,534

Style

Lot Size

0.15

Year Built

1980

Town/City

Madison Heights

County/Region

Oakland

MLS | Web ID

20240001566
Features
General
Sewer Sewer at Street
Possession At Close
Zoning Commercial
Year Built 1980
Property Type Commercial
Unit Number 341
Subdivision Name TUXEDO PARK SUB
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 105
MLS Area Madison Heights
Directions North side of 11 Mile Road 1 Block east of John R.
City Madison Heights
Terms Offered Cash Conventional
School District Madison (Madison Hts.)
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name 11 MILE
Assessment 0.00
Total Sq Ft 8000
DOM 105
Taxes 7534.0000
Legal Description T1N R11E SEC 13 TUXEDO PARK SUB LOTS 368 369 & 370 ALSO 1/2 VACATED ALLEY ADJ TO SAME
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Exterior
Waterfront 0
Lot Size Area 0.15
Water Source Public (Municipal)
Lot Size Dimensions 1850X110
Architecture Level 1 Story
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Interior
Street Suffix Road
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Hamidur Rashid

Listing Agent

Real Estate Advantage

Broker

(313) 871-2030

Phone

Affordability Calculator

$6,565
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
$628
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848923 Elementary School
848511 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/8/2024$850,000 Listed Price

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327 E 11 Mile Road, Unit 341, Madison Heights, MI, 48071 is a Commercial Property for sale at $850,000 with 8,000 sqft and a lot size of 0.15. 327 E 11 Mile Road, Unit 341 is a studio with 0.0 baths and was built in 1980. The property's zip code is 48071 which is in Madison Heights, MI

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