Address
21002 Mack Ave Grosse Pointe Woods, MI
Price
$ 495,000
Property Attributes
- MLS#40084848
- TypeCommercial
- CountyWAYNE
- CityGrosse Pointe Woods
- AreaGrosse Pointe Woods
- NeighborhoodGrosse Pointe Woods
- Zip48236
- StyleCommercial/Industrial
- Year Built1939
- Taxes12269
- Price$ 495,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2795
- Lot Size3,920 SqFt
Listing Provided Courtesy Of:
Jim Saros Real Estate Services
Property Description
Excellent investor or owner/ user opportunity! Updated and beautifully maintained office building located on prime Mack Avenue in Grosse Pointe Woods. Currently operating as 8 unit shared office space, this property offers the flexibility for an investor to capitalize on the in demand shared office market at a 9%+ return on investment, to be partially owner occupied and leased out to cover carrying costs, or to be completely owner occupied. Shared conference room, kitchenette, and 2 bathrooms. Newer HVAC/ Central Air, new parking lot, new sewer line. Off street parking for 5 spots, an additional 14 municipal parking spots in rear, and on street parking. Current rents around $600-$700/ office with upside in rents. All tenants month to month. Income and expenses available upon request.
| Price History | |
|---|---|
| 7/30/2020 | Listed $509,750 |
| 11/6/2020 | 3% - $495,000 |
General Features
| Class | COM/IND/BUS OPP |
|---|---|
| Cooling | Central A/C |
| Directions | North of Vernier |
| Financial Terms | Cash, Conventional |
| Heating | Forced Air |
| Legal Description | WDG 15 16 LOTS 15 AND 16 MEYERING LAND COS HAMPTON ROSLYN ROADS SUB PC 576 L55 P52 WCR K 40.00 |
| Listing Area | Grosse Pointe Woods (82333) |
| Municipality | Grosse Pointe Woods |
| Originating Mls | RealComp |
| Ownership | Private |
| Roof | Rubber |
| Source Mls | MI Real Source |
| Status | Active |
| Status | Active |
| Subdivision | MEYERING LAND CO HAMPTON-ROSLYN ROAD SUB |
| Subj To Short Sale Apprvl | No |
| Type | Commercial/Industrial |
| Year Built | 1939 |
| Zoning | Commercial |
Interior Features
| Fuel Type | Natural Gas |
|---|
Exterior Features
| Sale Includes | Inventory |
|---|---|
| Exterior | Brick |
| Foundation Type | Slab |
| Frontage | 40 |
| Lot Dimensions | 40 x 95 |
| Lot Size Area | 0.09 |
| Roads | Private Road |
| 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 48236
Price
Taxes
Visits
Year Built
Walkscore
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