327 11 Mile Road, Madison Heights 48071

$699,900

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MLS#: 216042244
• For Sale
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248-304-6700

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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

This 7 unit strip (8,833sf) is currently leased by 4 tenants. Three tenants have been in place since 1968, new tenant set to open June 1st. Center can be split into 7 actual units and has 7 H-Vacs, for each unit. Well maintained & updated in 2016.Tenants pay own utilities, exterior lighting and repair H-vacs, hot water heaters, electical & plumbing.Please do not bother tenants. $$$ nets. Excellent investment property. Purchase and start making money at closing! No needed repairs or tenants to fill spaces. 100% occupancy.Contact agent for information.

Property Information    

Status
Active 
Address
327 11 Mile Road 
City
Madison Heights 
Zip
48071 
Year Built
1969 
Business Type
Retail, Service 
Listing Date
04/30/2016 
Architecture
1 Story 
County
Oakland 
Above Grade SqFt
8,833 
Possession
At Closing 
Price/SqFt
79.24 

School Information

School District
Madison (madison Hts.) 

Taxes

Taxes
$5,503 
Summer Taxes
$4,289 
Winter Taxes
$1,214 

Features

Total No. of Units
Current Use
Strip Center 
Zoning
Commercial 
Office Heat
Central Air, Forced Air, Other 
Plant Heat
Central Air, Forced Air, Other 
Heating
Central Air, Forced Air, Other 

Listing Video for 327 11 Mile Road, Madison Heights MI 48071

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Listing Broker

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Listing Courtesy of National Realty Centers Birmingham
Office Address 1000 S Old Woodward Suite 103