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Campbell Realty, Inc.

Madison Heights, MI
Real Estate Team
248-398-0100
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Listing 1 out of 37
Sold for $700,000 Sold

1241 E Eleven Mile Road
Madison Heights, MI 48071


22,226 sq ft;
lot: 1.71 acres
Commercial: Commercial - MLS# 218015237
Property Photo

Sold

Sold for $700,000 on May 16, 2019

Description

Great building and location in Madison Heights. Zoned Manufacturing Light Industrial with 22,226 square feet on almost 1.7 acres. Front of the building is lobby, professional offices, conference rooms, presentation rooms, IT, mechanical room and storage areas is 5,671+/- sq ft. The warehouse, shop back offices and shipping area is 16,500+/- sg ft. Ceilings in warehouse are 15 feet average with 2 overhead doors, Phase 3 Electric and 7.5 Ton Crane. Large parking lot and fenced rear yard. Location is ideal for quick, easy access to I-696 and I-75 both within 5 minutes. Super visibility for a business. Good traffic counts of almost 34,000 vehicles a day on Eleven Mile. Seller may consider Land Contract terms with full credit approval of Buyer: $300,000 down payment, 7% percent interest, monthly payment of $5,500 for principal and interest, 5 years with a balloon mortgage payment. DO NOT DISTURB THE BUSINESS. All showing are by appointment only during week days. Buyer to verify information.

Features

  • Architecture Level: 1 Story
  • Commercial Exterior Features: Doors 10-15 Ft, Outside Lighting, Perimeter Fence, Permeable Paving
  • Commercial Type: Industrial, Real Estate Only
  • Commercial Utilities: 3 Phase Power, Employee Lunch/Lounge
  • Construction Materials: Block/Concrete/Masonry, Brick, Other
  • County/Area: Oakland County
  • Distance To Interstate: 1
  • Foundation Details: Slab
  • Foundation Materials: Block
  • Frontage Feet: 201
  • Heating: Central Air, Forced Air, Space Heater, Other
  • Heating Fuel: Natural Gas
  • Interstate YN: 1
  • Listing Financing: Cash, Conventional, Covenant Deed, Land Contract
  • Listing Status: Sold
  • Lot Dimensions: 201x369
  • Lot Size: 1.7100
  • Office Heating: Central Air
  • Originating MLS: Realcomp Ii Ltd
  • Ownership Status: Private Owned, Short Sale - No
  • Plant Heating: Central Air, Space Heater
  • Property Type: Commercial
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Roof Material: Asphalt, Built-Up, Rubber, Other
  • School District: Madison (Madison Hts.)
  • Sewer: Sewer-Sanitary
  • Sold Date: 2019-05-16 00:00:00
  • Sold Price: 700000.0000
  • Sq.Ft.: 22226
  • Sqft Main: 16555
  • Sqft Office: 5671
  • Sqft Source: City
  • Sub Type: Commercial
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water
  • Year Built: 1959
  • Zip Code: 48071
  • Zoning: Commercial,Light Industrial,Office

Courtesy of:


CENTURY 21 Campbell Realty, Inc.
1186 East 12 Mile Rd.
Madison Heights, MI 48071
Phone: 248-398-0100

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Location
1186 East 12 Mile Rd., Madison Heights, MI 48071

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