$1,400,000
Pending

21721 Republic Avenue

Oak Park, MI 48237
2.00 acres | #R20221031365
Browse 10 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

PROPERTY IS LISTED FOR SALE AT A PRICE OF $1,400,000, FOR LEASE AT $12,500 PER MONTH/NNN AND AVAILABLE ON A LAND CONTRACT WITH 20% DOWN, 7% INTEREST, 5+ YEAR AMORTIZATION (NEGOTIABLE). LOCATED IN AN INDUSTRIAL AREA IN OAK PARK, THIS BUILDING IS 17,250 SF & SITS ON 2 ACRES OF LAND. OUTDOOR STORAGE IS AN APPROVED USE WITH THE CITY GIVING ENDLESS BUSINESS OPPORTUNITIES! PROPERTY IS ZONED LIGHT INDUSTRIAL AND INCLUDES THE FOLLOWING FEATURES: CEILING HEIGHTS RANGING FROM 16'-20' (HIGHER SIDE OF ROOF IN PHOTOS IS THE SIDE WHERE IT IS 20' CEILING HEIGHTS, LOWER SIDE OF ROOF IN PHOTOS IS 16'), 3 PHASE POWER, AND RADIANT HEAT IN WAREHOUSE. MOST OF THE BUILDING IS WAREHOUSE WITH APPROXIMATELY 1,500 SF OF OFFICE SPACE IN THE FRONT WHICH ALSO INCLUDES A/C & HEAT. GREAT OPPORTUNITY, PRICED TO SELL AND EASY TO SHOW (LOCKBOX ON FRONT DOOR).

  • Property Details
      • MLS #R20221031365
      • MLS #R20221031365
      • Original List Price$1,650,000
      • Property SubtypeCommercial
      • CountyOakland
      • Cost1400000
      • Year Built1946
      • Days on Market (Cumulative)245
      • Days On Market245
      • Buying Agency Compensation3%
      • Acres2
      • Garage Spaces0

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00