4904 ELIZABETH LAKE Waterford Township, MI $ 1,400,000
4904 ELIZABETH LAKE
$ 1,400,000

4904 ELIZABETH LAKE Waterford Township, MI, 48327

$ 1,400,000
Bedrooms Baths0.0 Sq 3,627

Monthly Estimate*

$ 5,428

How much can I afford?
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Commercial Property for sale in Waterford Township, MI

for $1,400,000. This 3,627 square foot building was built in 1971 on a lot size of 0.71 Acre(s).

HIGH VOLUME CASH FLOW BUSINESS INCLUDING REAL ESTATE WITH LOTTERY, LIQUOR AND FOOD. A FAVORITE NIGHT SPOT FOR MUSIC AND ENTERTAINMENT EVERY WEEKEND. NEARLY 3/4 ACRE OF PROPERTY AND 93 FT OF LAKE FRONTAGE ON CRESCENT LAKE OFFER ROOM FOR ADDITIONAL POSSIBILITIES. NEARLY 3/4 ACRE OF PROPERTY AND ADDITIONAL PARKING AVAILABLE ON ADJACENT LEASED PROPERTY. PROJECTED REVENUES FOR 2018 EXCEED 750K. GREAT TURN KEY BUSINESS OPPORTUNITY. INCOME AND EXPENSE FIGURES BASED ON CURRENT EXPENSES AND PROJECTED REVENUE. PROPERTY INCLUDES 4 PARCELS: 13-27-109-005; 13-27-109-004; 13-27-106-005; 13-27-106-006. Current Use: BAR RESTURANT, Business Type: Retail, Licenses: Beer & Wine, Liquor, Lottery, Lotto Terminal, Lot Dimensions: IRREGULAR

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Commercial Active

Price

$ 1,400,000

Property Type

Commercial

Taxes

$ 9,988

Style

Business

Lot Size

0.71 Acre(s)

Year Built

1971

Town/City

Waterford Township

County/Region

Oakland

MLS | Web ID

218031317

Features
Interior
Heating Source Energy package Natural Gas
Heating System Hot Water Heater: Gas
Water Source Municipal
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Exterior
Construction Brick Vinyl Wood
Foundation Brick Slab
Road Frontage Paved
Roof Rubber
Waterfront Description Waterfront Property
Zoning Commercial
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Miscellaneous
Acceptable Finance Cash Conventional
Commercial 230 Volts Cat V Wiring Security System / Alarm Sprinkler System
Location Near Airport
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* Excluded Features
List By
Randy Wilcox

Listing Agent

Kw Showcase Realty

Broker


Affordability

$ 6,260 per month
Get Pre-Approved
Monthly Principal & Interest
$5,428
Monthly Property Taxes
$832
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% 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
Waterford School District
Pricing History
DatePricePrice ChangeDescription
7/12/2018$1,400,000 -6.67 % Price Down
6/1/2018$1,500,000 -6.25 % Price Down
5/1/2018$1,600,000 -5.88 % Price Down
4/14/2018$1,700,000 Listed Price

Map


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4904 ELIZABETH LAKE , Waterford Township, MI, 48327 is a Commercial Property for sale at $1,400,000 with 3,627 sqft and a lot size of 0.71 Acre(s). 4904 ELIZABETH LAKE has 0.0 baths and was built in 1971. The property's zip code is 48327 which is in Waterford Township, MI