MI > Oakland > Farmington > 28728 Grand River Ave
  • MLS# 2200071640
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Great opportunity for a real estate investment! Are you looking to become a proprietor to a land investment where the occupancy is consistently 100% each month? Furthermore, does the idea of netting a large profit from a party store appeal to you? This package deal is perfect for investors looking to take advantage of a strong economy and dramatically boost profits for their business investments. The income will be drawn from two sources since it is a package deal. The mobile home park is situated on 1.1 acres of land, including 22 mobile homes, 20 of which are rented weekly for $75-105. Each month's income is averaged at $6,500. The is also possibility to sell the property after 218071503 has been sold. The commercial retail is a business and building with a gross weekly income of $15,000. The yearly lotto profit is over 70,000. Consistent monthly income and the opportunity to profit from a sale will be a great bonus to any investor. Act now to take advantage of this fantastic deal

Property Information

Status
Active 
Address
28728 Grand River Ave 
City
Farmington 
Zip
48336 
Year Built
1970 
Listing Date
09/01/2020 
Architecture
1 Story 
County
Oakland 
Above Grade SqFt
5,416 
Possession
At Close 
Price/SqFt
175.41 

School Information

School District
Farmington 

Taxes

Summer Taxes
$9,869 
Winter Taxes
$403 

Features

Current Use
Party Store 
Zoning
Commercial 
Water
Municipal Water 
Sub Property Type
Commercial 
Licenses
Beer & Wine, Liquor, Lottery, Lotto Terminal 
Heating
Central Air, Forced Air, Natural Gas 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2200071640 Active Sep 1 2020 10:37AM $950,000 249
2200012096 Expired Active Sep 1 2020 2:32AM 201
2200012096 Active Feb 13 2020 7:06PM $1,200,000 201
School Information
Local Business

Learn More About This Listing

Contact Customer Care

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

248-304-6700

Contact Customer Care

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

248-208-3883

Listing Broker

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Listing Courtesy of Vision One Realty
Office Address 34514 Dequindre Rd

Real Estate One Family of Companies

28728 Grand River Ave Farmington
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$950,000
For Sale • Acres: 0.0 • Zoning: Commercial