8750 W. 9 Mile Road

Special Purpose for Sale
Catylist Listing ID: 30806170
Building Size (RSF): 2,836 SF
Gross Building Area: See Agent
Gross Land Area: 0.29 Acres
Sale Price: $600,000
Ceiling: 12 ft.
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/29/2022

Overview / Comments

2-Story building plus basement. 4 Residential units on the 1st and 2nd floor and retail in the basement area. New paved parking lot, roof and boiler. Excellent opportunity to purchase with neighboring building to create complex with pool for tenants.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $4,477 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Royal Oak Vicinity
Tax ID/APN: 52-25-28-352-035
Zoning: B-1
Property Located Between: E. of Wyoming Street
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,418 SF
Year Built: 1949
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Lot on eastside of property
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,042 195,061 495,286
Median Age: 37.38 38.74 38.5
Households: 8,282 83,019 202,877
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