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5531 8 MILE RD

$ 299,900
5531 8 MILE RD,


$70,000 Price reductions, priced aggressively for a quick sale. Nicest place ever, completely remodelled, M1 zoning, over $100,000. 18 ft ceiling Heights! Price includes 3 extra fenced Lots for storage plus a 4th lot behind the alley. High security fireproof safe epoxy floors about $7000. Low hours on a reconditioned 5-ton crane that covers the entire shop area. The building was completely gutted, windows, interior doors, offices, 2 bathrooms, copper plumbing, plumbing, electric reworked/new. Large 2nd floor Loft overlooking shop could be used as offices, break room, storage, etc.Roof restored with Gaco roof reflective coating with 50-year product warranty. The face of the building is brick and was sealed with masonry water repellent for longevity. No lead paint or asbestos danger with this property. The building was insulated to the max for low energy bills. Land Contract available with a minimum of $100000, 7.0% interest for 3 years balloon payment.

Address: 5531 8 MILE RD
Zip: 48091
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Property Id : 26796
Price: $ 299,900
Building size: 0.09 acres
Available Space: 3000 sq.ft.
Assessment: no
Commercial Exterior Features: Perimeter Fence
Commercial Type: Business And Real Estate
Commercial Utilities: 440V Available,Hoist,Security Alarm
Construction Materials: Block/Concrete/Masonry,Brick
County Or Parish: Macomb
Current Use: Industrial - Heavy
Deposit Amount: 100000.00
Directions: 8 Mile , West of Mound
Directions From EastWest Detail: 8 MILE
Directions From NorthSouth Detail: West of Mound
DOM: 72
Exterior Features: Fenced
Foundation Details: Slab
Frontage Feet: 104
Heating: Forced Air
Heating Fuel: Natural Gas
Land Interest Rate: 7.0
Land Payment: 2000
Land Terms: 36
Last Change Type: New
List Office Name: Century 21 AAA North-Sterling
Lot Size Dimensions: 100 x 150
MLS: MiRealSource
MLS Area Major: Warren
MLS Area Major Number: 03131
MLS Number: 58031398846
Original List Price: 299900.00
Parcel Number: 1332480035
Postal City: Warren
Property Type: Commercial
Rent Includes: Other
Sewer: Sewer-Sanitary
Short Sale: No
Street Name: 8 MILE RD
Street Number: 5531
Subdivision Name: RAMM & COS MOUND PARK # 01
Table: Commercial
Tax Amount Summer: 33.0000
Tax Amount Winter: 1464.0000
Tax Legal Description: RAMM AND CO'S MOUND PARK SUB. LOTS 9 & 10 L8 P49
Title: Private - Owned
Total Tax: 1497.0000
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 0
Water Source: Water at Street
Year Built: 9999
Zoning: Other
Customer Comment: Yes
Exclusions: Yes
Land Contract: Yes
Publish Sale Price: Yes
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via Century 21 AAA North-Sterling and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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