$229,900
Accepting Backup Offers

976 N Milford Road

Highland, MI 48357
0.63 acres | #R2220034872
Browse 27 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Attention all small businesses looking for industrial storage/usage for your business! Park/store your equipment, run your office out of the current home, build your garage/storage in the rear. Endless possibilities! Can also be used for residential usage. Future value lies in the industrial manufacturing zoning. Township allowable usages are available on the Highland Twp website or call Twp directly. Rare opportunity for automotive repair, heavy equipment, commercial vehicle repair busineses such as engine repair, paint/body shop, manufacturing, machine shop, plumbing, heating & electrical. Outdoor storage of trucks, trailers, equipment & more! Current older home & 2 car det. garage in need of updating & work. Also can still be used as residential home. 3 bdrms, 1.5 baths, 2 car det garage. Possible land contract terms w/ $110,000 down, 7% interest, $1600 month payments. 5 year total land contract term w/balloon payment due at end of 5 years. 2 year min required w/ $10,000 pre-payment penalty if paid off between years 2-5.

  • Property Details
      • SubdivisionHIGHLAND GARDENS
      • MLS #R2220034872
      • MLS #R2220034872
      • Property SubtypeCommercial
      • Original List Price$249,900
      • CountyOakland
      • Cost229900
      • Acres0.63
      • Year Built1956
      • FoundationSlab
      • Buying Agency Compensation2.5%
      • Days on Market (Cumulative)274
      • Days On Market274
      • Garage Spaces0

Location

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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annually
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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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