Lease to Own
Address
16111 Oakland Street Highland Park, MI
Price
$ 160,000
Property Attributes
  • ML#2200009531
  • TypePending
  • CountyWAYNE
  • CityHighland Park
  • AreaHighland Park
  • NeighborhoodSTEVEN & CANDLER SUB BLOCK NO 3
  • Zip48203
  • StyleAUTO REPAIR, USED CARS DEALERSHIP AND NEW AND US
  • Year Built1930
  • Taxes3373
  • Price$ 160,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7300
  • Lot Size7,841 SqFt
Listing Provided Courtesy Of:
Community Choice Realty Inc
Property Description

MOTIVATED SELLER - THIS IS A GREAT BUSINESS OPPORTUNITY FOR MULTIPLE STREAMS OF INCOME. THE PROPERTY IS CURRENTLY OPERATED AS AN AUTO REPAIR, NEW AND USED TIRES AND USED CAR LOT. MOST OF EQUIPMENT GOES WITH THE SHOP. THIS IS A TURNKEY SHOP WITH 5 BAYS AND TWO LIFTS WITH OVER 11000 SQUARE FEET INCLUDIND A LARGE ADDITION WITH UPSTAIRS.

Price History
2/5/2020 Listed $200,000
6/25/2020 5% - $190,000
7/6/2020 16% - $160,000

General Features

Commercial Type Real Estate Only
Construction Materials Brick
Cumulative Days on Market 254
Current Use AUTO REPAIR, USED CARS DEALERSHIP AND NEW AND USED TIRES
Gross Scheduled Income 15000.00
Heating Central Air, ENERGY STAR® Qualified Furnace Equipment, Forced Air, Radiant
Listing Agent Public Id 288091
Net Operating Income 10000.00
Operating Expense 8000.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number 43002030312000
Possession Close Plus 6-15 Days
Property Type Commercial
School District Highland Park
Sewer Sewer at Street
Short Sale No
Status Pending
Subdivision Name STEVEN & CANDLER SUB BLOCK NO 3
Terms Offered Cash, Lease With Option, Quit Claims Deed
Total Sq Ft 7300
Transaction Type Sale
Year Built 1930
Zoning Commercial

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 1/2 Story
Foundation Slab
Foundation Materials Poured
Frontage Feet 150
Lot Size Area 0.18
Lot Size Dimensions 125.00X61.20
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Mi Choice Realty and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of October 28, 2020 4:24 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48203

Price
AVG $140K
$160K
Taxes
AVG $2,103
$3,373
Visits
AVG 10
32
Year Built
AVG 1932
1930
Walkscore
AVG 51
38
Data Provided by Walkscore ® not using MLS data

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