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Retail Storefront & Warehouse In Freestanding Bldg
Location: United States -> Michigan -> Westland
Industry: Real Estate > Other Real Estate

Business Summary

Asking Price is $949,900. All offers will be considered.
Building is located on corner lots of Newburgh Rd, Ford Rd, and Globe street.
Building was remodeled in 1989.
Building interior in good condition, no majors required. 220V. See drone coverage by putting into your internet browser: Recent neighborhood, adjacent improvements and developments to the properties are in excess of $25 million per the seller. Adjoins city of Westland properties. Warehouse has 25 ft high ceiling (per seller) with one 10 ft door. Warehouse, is a ''Morton'' building, and has radiant heat. Retail/Showroom has a 12 ft ceiling, with the corner facing Ford and Newburgh complete with rounded glass. All walls are well insulated per the seller. Property taxes are running about $15,000 per the seller. Monthly utilities under the current usage: Electric $200-$350, Gas $20-$250, H2O $20.

The building, the land it sits on and its adjoining lots are for sale. There is 240 ft of road frontage on Ford Road, running east and west between Newburgh Rd and Globe Street. There is approximately 30 feet of currently unused land from the parking lot to Globe street. There is plenty of property south of the building and parking lot that is included in this opportunity. Egress may be possible from all 3 streets (Ford, Newburgh and Globe).
Lots 33, 34-40 and 41-45 per tax records, parcel #046020034301. Zoned 201 Commercial-Improved. .307 acres, lot size is 130x103, Class C building.
This building and land, for a qualified buyer, may be suitable for a 504 SBA loan if the property is owner occupied. Buyer per an SBA lender will need 10-15% down as one of the buyer qualifications.
If interested in this building you must call Broker at 734-323-0376 to set up an appointment for a tour. Note: Broker will split commission 50/50 with any licensed RE agent at closing!


Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1952
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Retirement

Print Listing Id: 700380470
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