Seller Financing - Lease to Own
Address
15332 E Fort Southgate, MI
Price
$ 1,150,000
Property Attributes
- MLS#21607573
- TypeCommercial
- CountyWAYNE
- CitySouthgate
- AreaSouthgate
- NeighborhoodSouthgate
- Zip48195
- StyleCommercial/Industrial
- Year Built1965
- Taxes8676
- Price$ 1,150,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4105
- Lot Size0.31 Acres
Listing Provided Courtesy Of:
Remerica Integrity II
Property Description
16% CAP Rate. WOW- Operators or Investors- Fantastic Very Profitable Medical Practice, Pharmacy and Building Included all at this below market price. Bonus- Land Contract with Low Down Payment and Low Interest Rate/Terms. Owner is earning approximately $300,000.00 Profit. Will Accept Land Contract for $345K Down, 3-5 year Terms, and 5 % interest with VERY LOW $1800/MO Payment. You Can't beat this Deal.Practice has been in business for over 35 years. Turning away new Patients due to overload with other Practice. Showings by appointment only. Fantastic Business for Investors or as a Practice for Resident/MD or MD looking to expand business. Licensed agent must be physically present at all showings. No virtual tours.
| Price History | |
|---|---|
| 5/21/2019 | Listed $1,150,000 |
General Features
| Class | COM/IND/BUS OPP |
|---|---|
| Commercial Features | Cafe/Kitchen |
| Cooling | Central A/C |
| Directions | Southfield Highway (M39) to Fort Street |
| Financial Terms | Cash, Conventional, Land Contract, Rent/Option to Buy |
| Heating | Forced Air |
| Legal Description | 31G1 TO 7 LOTS 1 TO 7 INCL FORT CHERRY SUB T3S R11E L70 P97 WCR |
| Listing Area | Southgate (82146) |
| Municipality | Southgate |
| Originating Mls | RealComp |
| Ownership | Private |
| Roof | Asphalt |
| Source Mls | MI Real Source |
| Status | Active |
| Status | Active |
| Subdivision | FORT CHERRY SUB |
| Subj To Short Sale Apprvl | No |
| Type | Commercial/Industrial |
| Water | Public Water |
| Water Heater | Gas |
| Year Built | 1965 |
| Zoning | Commercial |
Interior Features
| Fuel Type | Natural Gas |
|---|
Exterior Features
| Sale Includes | Business and Real Estate, Inventory |
|---|---|
| Exterior | Brick |
| Foundation Type | Slab |
| Frontage | 150 |
| Lot Dimensions | 150 X 90 |
| Lot Size Area | 0.31 |
| Sewer Septic | Public At Street |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 48195
Price
Taxes
Visits
Year Built
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