5600 15 Mile Road Sterling Heights, MI ^$ 449,900

5600 15 Mile Road

^$ 449,900

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5600 15 Mile Road

Sterling Heights, MI, 48310

^$ 449,900

Studio Baths0.0 Sq 2,694

Monthly Estimate*

^$ 2,694

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Studio

Commercial Property for sale in Sterling Heights, MI

for $449,900. This 2,694 square foot building was built in 1940 on a lot size of 0.94.

Located in Sterling Heights, this property is a gem for homeowners and investors. Nestled in a sought-after neighborhood, it grants easy access to amenities like shopping, dining, entertainment, and schools. The property itself is ripe for customization, with a spacious lot for expansion. The backyard offers room for entertaining or business use. With its prime location and renovation potential, this is an ideal investment opportunity. Whether for a family home or investment, seize the chance to unlock its full potential! Land Contract Terms Available: 7 years, 20% down, 7% interest. BTVAI

Commercial Active

Price

^$ 449,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,147

Style

Commercial/Industrial

Lot Size

0.94

Year Built

1940

Town/City

Sterling Heights

County/Region

Macomb

MLS | Web ID

70389635

Features

General

Heating Forced Air

Water Public Water

Status Active Active

Year Built 1940

County Macomb

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Sterling Heights

Zoning Commercial

Subdivision MI

Commercial Features Gas Available

Area Sterling Heights (50012)

Primary City Sterling Heights

Directions 2 blocks W of Mound / Southside of 15 Mile

City Sterling Heights

Financial Terms Cash Conventional Land Contract

Legal Description T2N R12E SEC 32; COMM AT NE COR SEC 32; TH 85*43'W 769.50 FT ALG N SEC LINE TO POB; TH S02*51'E 264.0 FT; TH S85*43'W

DOM 220

Postal Code 48310

Price Per Sq Ft Total AG 167

Coming Soon Located in Sterling Heights this property is a gem for homeowners and investors. Nestled in a sought-after neighborhood it grants easy access to amenities like shopping dining entertainment

Exterior

Exterior Other

Frontage 200

Lot Size Area 0.94

Lot Dimensions 200x264

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Jeff Glover

Listing Agent

Kw Professionals

Broker

taylor@kwglover.com

Affordability Calculator

$3,040

Per Month

Monthly Principal & Interest: $2,694
Monthly Property Taxes: $346
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 5.99% 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 Sterling Heights, MI

Average List Price ^$207,166

Percent of Sale Price 54%

About Sterling Heights, MI

132,997 Population

7% Since 2002

^$60,342 Median Income

41.66 Median Age

27% 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
7/25/2024	$449,900	-5.26%	Price Down
5/7/2024	$474,900	-5.00%	Price Down
5/1/2024	$499,900		Listed Price

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5600 15 Mile Road, Sterling Heights, MI, 48310 is a Commercial Property for sale at $449,900 with 2,694 sqft and a lot size of 0.94. 5600 15 Mile Road is a studio with 0.0 baths and was built in 1940. The property's zip code is 48310 which is in Sterling Heights, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% 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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5600 15 Mile Road

Commercial Property for sale in Sterling Heights, MI

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