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9200 Cadieux Road

$ 130,000
9200 Cadieux RD ,
80
Active

Description

2 parcel bundled offering! Great investment offering, including 9200 Cadieux with long-term tenant leasing the convenience store through 2022, and the adjoining commercial property at 9198 Cadieux Road that is ready to be re-purposed and revitalized.According to CoStar submarket data for “Detroit-East of Woodward”, this area supports an overall rental rate of $13.76/sf/yr, a sale price of $52/sf, and has an attractive 9.7% CAP rate! Be a part of the growing Detroit metropolitan community, and support your hometown like a business owner can! This is an opportunity to start your commercial ownership portfolio on a beginner’s budget. Call now.

Address: 9200 Cadieux RD
City:
State/County:
Zip: 48224
Open In Google Maps
Property Id : 23818
Price: $ 130,000
Building size: 0.16 acres
Available Space: 4720 sq.ft.
Active Openhouse Count: 0
Architecture Level: 1 Story
Assessment: Included
Building Area Source: Public Records
Business Type: Retail,Service,Wholesale
CDOM: 142
Commercial Exterior Features: Awning/Overhang(s),Doors Under 10 ft,Outside Lighting
Commercial Type: Commercial
Commercial Utilities: Employee Lunch/Lounge,Security Alarm,Smoke Alarm
Construction Materials: Brick,Other
County Or Parish: Wayne
Current Use: Beer/Wine Convenience Store, Lounge
Directions: I-94 to North on Cadieux
Directions From EastWest: E
Directions From EastWest Detail: Cadieux Road
Directions From NorthSouth: N
Directions From NorthSouth Detail: I-94 Freeway
Distance To Airport: 3
Distance To Interstate: 1
Distance To Rail: 3
Distance To Waterway: 1
DOM: 142
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 68
Gross Scheduled Income: 0.00
Heating: Forced Air
Heating Fuel: Natural Gas
Last Change Type: New
List Office Name: Keller Williams Advantage
List Price By Acre: 812500.0000
Lock Box Type: Appointment
Lot Size Dimensions: 68 x 100 x 67 x 100
MLS: Realcomp II Ltd
MLS Area Major: Det Con-Mors/Grat. Hstn/7 Mack
MLS Area Major Number: 05055
MLS Number: 219038566
Monthly Sales: 0
Annual Net Income: 0.00
Office Heating: Forced Air
Operating Expense: 0.00
Original List Price: 130000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W21I075116C8
Percent Leased: 68
Plant Heating: Forced Air
Postal City: Detroit
Property Type: Commercial
Protection Period: 180
Road Frontage Type: Paved
Roof Material: Rubber,Other
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Side Of Street: E
Sqft Main: 4500
Sqft Office: 220
Sqft Source: PRD/EST
State Equalized Value: 45400.0000
Street Name: Cadieux
Street Number: 9200
Street Suffix: Road
Subdivision Name: YORKSHIRE WOODS NO 6 (PLATS )
Table: Commercial
Taxable Value: 38415.0000
Tax Amount Summer: 3058.0000
Tax Amount Winter: 608.0000
Tax Legal Description: E CADIEUX 1066 THRU 1064 YORKSHIRE WOODS SUB NO 6 L49 P2 PLATS, W C R 21/813 68.3 IRREG ***Also includes adjoining lot k
Title: Private - Owned
Total Tax: 3666.0000
Unit Count: 0
Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/nocbor/219038566
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1948
Year Remodeled: 2015
Zoning: Commercial
Airport: Yes
APOD Available: No
Customer Comment: Yes
Encroachment: No
Exclusions: No
Interstate: Yes
Inventory Included: No
Inventory List: No
Land Contract: No
Publish Sale Price: Yes
Railroad: Yes
Restrictions: Yes
Waterfront: No
Waterway: Yes
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via Keller Williams Advantage and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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