15332 E Fort
Southgate, MI 48195

$1,150,000

Description

16% CAP Rate. WOW- Operators or Investors- Fantastic Very Profitable Medical Practice, Pharmacy and Building Included all at this below market price. Bonus- Land Contract with Low Down Payment and Low Interest Rate/Terms. Owner is earning approximately $300,000.00 Profit. Will Accept Land Contract for $345K Down, 3-5 year Terms, and 5 % interest with VERY LOW $1800/MO Payment. You Can't beat this Deal. Practice has been in business for over 35 years. Turning away new Patients due to overload with other Practice. Showings by appointment only. Fantastic Business for Investors or as a Practice for Resident/MD or MD looking to expand business. Licensed agent must be physically present at all showings. No virtual tours.

Details

MLS#217068641
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year1965
Days On Site255

Features

SQ Feet4,105
Story(s)1
ZoningCommercial

Market Activity 48195

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Area Information

StateMI
CountyWayne
CitySouthgate
Zip Code48195
AreaSouthgate
Listing VS Median (in 48195)
Price:
$1,150,000
low | high
Med:
$130,650
100% of Average
SqFt:
4,105
low | high
Med:
1,070
100% of Average
$ / SqFt:
$280
low | high
Med:
$123
100% of Average
On Site:
255
low | high
Med:
3.5
100% of Average
Listing Updated: 03/23/2019
MLS Number: 217068641
Listing Provided By:
James R Tishkowski  of  Century 21 Town Country-Northville
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