131 E Walled Lake
Walled Lake, MI 48390

Description

UNIQUE OWNER/USER OR INVESTMENT OPPORTUNITY***CURRENT LEASE SITUATION ALLOWS YOU TO OPERATE YOUR BUSINESS IN YOUR OWN BUILDING AND HAVE YOUR TENANTS PAY THE MORTGAGE OR CONTINUE TO RECEIVE GOOD CASH FLOW*** PRIME LOCATION IN HISTORIC LAKEFRONT COMMUNITY - WALLED LAKE DIRECTLY ACROSS THE STREET**** 2 RETAIL/OFFICE SPACES ON MAIN FLOOR CURRENTLY LEASED WITH MULTIPLE YEAR LEASES*****4 RENTAL APARTMENTS UPSTAIRS WITH GOOD RENTAL HISTORY******NOTE: TENANTS NOT TO BE DISTURBED! PLEASE NOTE: ADDRESS THROUGH TAXING RECORDS 131 E WALLED LAKE DRIVE - ADDRESS THROUGH UTILITY COMPANIES AND USED ON THE BUILDING 123 E WALLED LAKE DRIVE (INSURANCE OFFICE), 125 E WALLED LAKE DRIVE (4 APARTMENT TENANTS 2ND FLOOR), 127 E WALLED LAKE DRIVE (REAL ESTATE/MORTGAGE OFFICE)

Details

MLS#217088280
StyleRetail
Sub-TypeResale
StatusActive
Year1920
Days On Site250

Features

SQ Feet3,900
Story(s)1
Units2
ZoningCommercial,Multi-Family,Office

Market Activity 48390

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Area Information

StateMI
CountyOakland
CityWalled Lake
Zip Code48390
AreaWalled Lake
Listing VS Median (in 48390)
Price:
$329,900
low | high
Med:
$200,000
89.375568354047% of Average
SqFt:
3,900
low | high
Med:
1,390
100% of Average
$ / SqFt:
$85
low | high
Med:
$144
20.15961393807% of Average
On Site:
250
low | high
Med:
76
100% of Average
Listing Updated: 03/18/2019
MLS Number: 217088280
Listing Provided By:
David Cornwell  of  Suburban Real Estate Group
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