$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

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Last Updated: . Source: AAABOR

Workhorse Realty LLCReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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
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Loan Amount
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    © MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    ​All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.