$889,000
For Sale

Lippincott

Burton, MI 48519
17.40 acres | #G50033631
Browse 13 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Great investment with more room to expand. Zoning is mixed use-commercial, office and residential on these 4 parcels/lots that total 17.4 acres (wooded). Beautiful brick/stone building (7,452 SF total) with offices plus a heated warehouse of 5400 SF. The building is in excellent condition. The South portion is a medical office and the North portion has 5 additional offices plus a 5,400 square foot heated warehouse with INSULATED block walls. Overhead door dimensions are 12' x 12'. Ceiling height in the warehouse is 16'-20'. There are 2 rental homes at the road and the 4 parcels complete a rectangle shape. The possibilities are endless with all this extra acreage. Office/warehouse at 4165 Lippincott has city sewer and water. The 2 homes are city sewer with a shared well. Center Rd/Lippincott location, high traffic count and near the interstate. All spaces currently leased with $85,560 in lease income annually. Great investment with more room to expand.

  • Property Details
      • Acres17.4
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1993
  • Community and Neighborhood Details
      • CountyGenesee
  • Financial Details
      • Original List Price$917,000
      • Days on Market (Cumulative)964
      • Buying Agency Compensation3%
  • Other
      • MLS #G50033631
  • -
      • 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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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.

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Loan Amount
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